MARKETING TERM of the WEEK: Practice Makes Perfect Edition

The systematic decline in the cost per unit achieved as cumulative volume increases is known as WHAT?

ANSWER

The experience curve effect refers to the systematic decline in the cost per unit that is achieved as the cumulative volume (and therefore experience) increases. READ MORE…

Get Marketing Term of the Week by EMAIL! SEE PREVIOUS TERMS

 

Marketing Term of the Week ©2022 Universal Marketing Dictionary ○ All Rights Reserved
○ a project of MASB, the Marketing Accountability Standards Board

Please share this free educational resource!
Share on facebook
Facebook
Share on pinterest
Pinterest
Share on twitter
Twitter
Share on linkedin
Linkedin
Share on email
Email

Comments are closed.