All of following are true of learning curves EXCEPT:
A) they are not used for a pricing strategy.
B) they are affected by the ratio of manual to machine work.
C) 80 percent learning curves exhibit a step initial decline and then level off.
D) they are used in defense industries.

Question

Quizplus · Accepted Answer

Learning curves can be used for many purposes, including pricing strategies, so option A is incorrect. The other options are correct: learning curves are affected by the manual-to-machine work ratio, 80% of learning curves exhibit a step initial decline, and they are commonly used in defense industries.

All of Following Are True of Learning Curves EXCEPT