Efficiency gains realized as a result of greater experience dynamics are often called
A) "moving up the learning curve".
B) "moving down the learning curve".
C) "moving up the indifference curve".
D) "moving down the indifference curve".
E) "moving up the profitability curve".

Question

Quizplus · Accepted Answer

Efficiency gains from experience are referred to as "moving down the learning curve," indicating reduced costs and increased efficiency as experience is gained.

Efficiency Gains Realized as a Result of Greater Experience Dynamics