The 50^th Repetition of a Job Is Timed at 100

question 35

Multiple Choice

The 50^th repetition of a job is timed at 100 minutes. If the learning curve for this job is 90 percent, what is the estimated time for the 100^th repetition of this job?

• A) 49.66 minutes
• B) 81 minutes
• C) 90 minutes
• D) 100 minutes
• E) 110 minutes

---

Definitions:

Ten-Year Period

A duration of ten years used as a measurement of time for planning, analysis, or investment purposes.

Price Elasticity

A measure of how the quantity demanded of a good is affected by a change in its price.

Inelastic

A characteristic of demand when consumers' purchase quantities are not significantly affected by changes in the price of a good or service.

Good Substitutes

Products or services that can be used in place of one another, satisfying the same needs or wants of the consumer.