A learning curve is a function ________

A) that measures the decline in labor-hours per unit due to workers becoming better at a job
B) that increases at a greater rate as workers become more familiar with their tasks
C) where unit costs increase as productivity increases
D) that is linear

Answer: A

Business

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A conservative rule of thumb is to establish a business' worth as ________ the firm's current annual profit

A) twice B) three times C) five times D) ten times E) fifteen times

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