Learning effects often result in _____ marginal costs.
A)decreasing
B)increasing
C)constant
D)random

Name: Learning effects often result in _____ marginal costs. A)decreasing B)increasing C)constant D)random
Brand: Quizplus
Rating: 4.8 (26 reviews)

Question

Quizplus · Accepted Answer

Learning effects occur when repetitive production tasks result in an improvement in efficiency and productivity due to the accumulation of skills and experience. As a result, the marginal cost decreases over time as the production process becomes more streamlined and efficient.

Learning Effects Often Result in _____ Marginal Costs