Economies of experience imply that economies of scale must exist.

Name: Economies of experience imply that economies of scale must exist.
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Quizplus · Accepted Answer

Economies of experience refer to the improvement in efficiency and productivity gained through repeated exposure to a task or process. This does not necessarily require a larger scale of production, so economies of experience can exist without economies of scale.

Economies of Experience Imply That Economies of Scale Must Exist