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The explanation and application of the learning curve theory

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The learning curve theory holds the assumption that a new process, activity, or job beginning for the first time will not immediately attain the maximum effectiveness sought. The theory is applied when repetition is present

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This solution is an explanation of the learning curve theory. The solution provides an example of how the theory may be applied in business.

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The learning curve theory holds the assumption that a new process, activity, or job beginning for the first time will not immediately attain the maximum effectiveness sought. Previous experiences of ...

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