Multiple Choice
A learning curve relates ________ to ________ and is a case of ________ returns.
A) unit cost; cumulative production; dynamic increasing returns
B) output per time period; long-run marginal cost; dynamic increasing returns
C) unit cost; cumulative production; dynamic decreasing returns
D) output per time period; long-run marginal cost; dynamic decreasing returns
E) labor productivity; education; increasing marginal returns
Correct Answer:
Verified
Correct Answer:
Verified
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