menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Trade and Economic
  4. Exam
    Exam 4: Overcoming Diminishing Returns: Technology As an Externality
  5. Question
    Learning-By-Doing Example: During World War II, the Liberty Ship Program
Solved

Learning-By-Doing Example: During World War II, the Liberty Ship Program

Question 2

Question 2

Multiple Choice

Learning-by-doing example: During World War II, the Liberty ship program saw unit costs decline:


A) about 50% a year.
B) about 12-24% with each doubling of output.
C) about 25-50% with each doubling of output.
D) none of the above.

Correct Answer:

verifed

Verified

Related Questions

Q1: In both the computer memory chip industry

Q3: In Rebelo's AK model, the parameter α

Q4: The S-curve graphically illustrates:<br>A) the relationship between

Q5: Which of the following products was quickest

Q6: In the AK model, the capital stock

Q7: The Solow residual is estimated using the

Q8: One of the issues not dealt with

Q9: Nearly a century ago, Alfred Marshall (1920)

Q10: Technological progress:<br>A) is similar no matter where

Q11: Evidence of learning-by-doing has been found in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines