Which of the Following Refers to Cost Savings That Come

question 109

Multiple Choice

Which of the following refers to cost savings that come from acquiring knowledge from doing a task?

• A)Learning effects
• B)Exponential effects
• C)Ancillary effects
• D)Economies of scale
• E)Location economies

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Definitions:

Compare And Contrast

To identify the similarities and differences between two or more subjects.

Absolute Threshold

The minimum amount of sensory stimulation that can be detected 50% of the time.

Difference Threshold

A measure of the smallest increase or decrease in a physical stimulus that is required to produce a difference in sensation that is noticeable 50% of the time.

Psychophysical Threshold

The minimum level of stimulus intensity perceived by the sensory system.