Experience law, Business Law and Ethics

Experience Law

This is a law of marketing beginning that the unit cost of value added to a standard goods, calculated in constant currency, declines by a constant percentage each time the accumulated product doubles. This is one of the underlying precepts of economies of scale, in that excellence becomes less classy when the product is made in volume.

Posted Date: 10/16/2012 6:31:29 AM | Location : United States

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