All of Following Are True Regarding Learning Curves Except

question 40

Multiple Choice

All of following are true regarding learning curves except

• A)Not used for a pricing strategy
• B)Are affected by a ratio of manual to machine work
• C)80% learning curves exhibit a step initial decline and then level off
• D)Used in defense industries

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Definitions:

Informational Influence

A form of social influence involving a change in beliefs or behavior in order to fit in with a group, based on the information or evidence provided by the group.

Referential Influence

The impact of others' opinions and behaviors on an individual's choices and actions, based often on the individual's desire to conform or be accepted by a group.

Influencer

An individual with the ability to affect the purchasing decisions of others due to their authority, knowledge, position, or relationship with their audience.

Gatekeeper

An individual or organization that controls access to something, such as information or resources, and has the power to influence decisions and flow of information.