A Learning Curve Is a Function ________

question 70

Multiple Choice

A learning curve is a function ________.

• A) that measures the decline in labor-hours per unit due to workers becoming better at a job
• B) that increases at a greater rate as workers become more familiar with their tasks
• C) where unit costs increase as productivity increases
• D) that is linear

---

Definitions:

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation applied in the U.S. to determine the tax-deductible value of assets over time.

Marginal Tax Rate

The tax rate that applies to the last unit of currency of the taxpayer's income, influencing additional income's tax impact.

Net Cash Flows

Represents the amount of money that flows into and out of a business during a specific period, accounting for all income and expenses.

Straight-Line Basis

A method of calculating depreciation or amortization by evenly spreading the cost over the useful life of the asset.