_____ indicates whether a seller can lower its cost as a result of the repetitive production of an item.

Question

Quizplus · Accepted Answer

Learning-curve analysis looks at how the cost per unit decreases as the production quantity increases, reflecting the fact that workers become increasingly familiar and efficient with producing a particular item. Therefore, it directly addresses the issue of whether a seller can lower its cost as a result of repetitive production.

_____ Indicates Whether a Seller Can Lower Its Cost as a Result