A Learning Curve Relates ________ to ________ and Is a Case

question 37

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

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Definitions:

Utility Computing

A technology whereby a service provider makes computing resources and infrastructure management available to a customer as needed.

Virtualization

The process of creating a virtual version of something, including virtual computer hardware platforms, storage devices, and computer network resources.

IT Departments

Units within organizations responsible for overseeing and managing information technology and systems.

Stand-alone Mainframes

Powerful, single computers primarily used by large organizations for bulk data processing, such as census, industry and consumer statistics, and financial transaction processing.