Which of the Following Statements Regarding the Learning Curve and Economies

question 21

Multiple Choice

Which of the following statements regarding the learning curve and economies of scale is accurate?

• A) Just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
• B) Where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
• C) Where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
• D) Just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

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Definitions:

Training Transfer Concept

The theory that knowledge, skills, and behaviors learned in training should be applied to the job environment.

Training Effectiveness

The extent to which training achieves its intended outcomes, such as improving knowledge, skills, and job performance.

Stimulus Variability

Stimulus variability refers to the range of different stimuli or conditions presented during learning or experimentation, to enhance adaptation or understanding.

Identical Elements

A learning theory principle suggesting that transfer of learning occurs when the learning and application situations share the same elements.