International activities may enable the firm to increase its output and therefore rise more rapidly on the learning curve.The Boston Consulting Group has shown that the doubling of output can reduce production costs up to ________ percent.
A)10
B)20
C)30
D)50
E)75

Question

Quizplus · Accepted Answer

The Boston Consulting Group's experience curve concept suggests that costs can decrease by approximately 20-30% with each doubling of cumulative production, with 30% being a common figure cited.

International Activities May Enable the Firm to Increase Its Output