The learning curve effect is an example of which barrier to entry?
A) Cost disadvantages independent of size
B) Product differentiation
C) Economies of scale
D) Government policy

Question

Quizplus · Accepted Answer

The learning curve effect is a cost disadvantage independent of size because it refers to the reduction in per-unit costs as a firm gains experience in production, which is not directly related to the scale of production.

The Learning Curve Effect Is an Example of Which Barrier