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    The learning curve

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    The learning curve

    is really no different from a marginal cost curve.
    calculates average cost at a particular point in time.
    shows the decrease in unit cost as more of the same product is produced over time.
    none of the above.

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    https://brainmass.com/economics/output-and-costs/the-learning-curve-158821

    Solution Summary

    This explains the concept of learning curve

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