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The experience curve concept :__________
a) is most important for specialized or customized production. b) is a result of a combination of learning effects and economies of scale. c) suggests that unit manufacturing costs decline by a certain amount each time output is doubled. d) suggests that achieving low costs allows a firm to charge a premium price. e) is a result of a combination of learning effects and economies of scale and suggests that unit manufacturing costs decline by a certain amount each time output is doubled.

Respuesta :

Answer (b)

The experience curve concept is a result of a combination of learning effects and economies of scale.

An experience curve basically is a relation between production quantity and the cost of production incurred. The more a company is manufacturing experienced the less the cost incurred of production.

And every single time various economies of scale takes place the firm starts taking steps towards it in the beginning of the process and a low of the cost can be done each time the production doubles.

It is a result of a combination of learning effects and economies of scale and suggests that unit manufacturing costs. Experience cost curves are basically the cost assumption curves done to synthesize and cut firms production cost.

To learn more about production costs here,

https://brainly.com/question/15071207

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