What does the experience curve function show?
A)The amount of time required to perform a task goes up per unit as the number of units increases.
B)The amount of time required to perform a task goes up per unit as the number of units decreases.
C)The amount of time required to perform a task goes down per unit as the number of units increases.
D)The amount of time required to perform a task goes down per unit as the number of units decreases.

Question

Quizplus · Accepted Answer

The experience curve function shows that the amount of time required to perform a task goes down per unit as the number of units increases. This is because as workers gain experience and become more efficient, they are able to complete tasks more quickly and with less effort, leading to lower costs and increased productivity.

What Does the Experience Curve Function Show