Examlex
New technologies can be
Learning Curve
The phenomenon that repeated task performance leads to improvements in speed and efficiency due to the acquisition of knowledge or skills over time.
Labour Requirements
The necessary number of workers and skill levels needed to complete a specific task or project within a given time frame.
Production
The creation of goods and services.
Learning Curve
A graphical representation of the rate at which learning occurs, showing how efficiency or proficiency improves with experience or over time.
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