The learning-curve models presented in the text examine:
A)how efficiency increases as more units are produced.
B)the change in variable costs when quantity discounts are available.
C)how quality increases over time.
D)how set-up costs decline as more workers are added.

Question

Quizplus · Accepted Answer

The learning-curve models presented in the text examine how efficiency increases as more units are produced. This is also known as the experience curve, which suggests that the more an activity is performed, the more efficient the process becomes.

The Learning-Curve Models Presented in the Text Examine