Function which is used to measure decline in per unit cost of different business functions is classified as

A mixed curve
B experience curve
C discrete curve
D fixed curve

Correct Answer: experience curve

Function which is used to measure decline in per unit cost of different business functions is classified as experience curve. Experience curve refers to a diagrammatic representation of the inverse relationship between the total value-added costs of a product and the company experience in manufacturing and marketing it.
Bissoy MCQ
#Commerce #Costing

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B 24%
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