The idea of learning effects is that as output increases, a firm gains experience. This allows a firm to conduct its business more efficiently, thereby decreasing costs and increasing quality.

Part of [[Early mover effects]]
bag
businessmodelling_public
created
Sat, 18 Sep 2010 19:02:35 GMT
creator
dirkjan
modified
Sat, 18 Sep 2010 19:02:35 GMT
modifier
dirkjan
tags
Business
M8
Modeling
Term
creator
dirkjan