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Iteru [2.4K]
2 years ago
7

Learning effects tend to be less significant when a technologically complex task is repeated, because there is more that can be

learned about the task. Thus, learning effects will less significant in an assembly process involving 1,000 complex steps than in one of only 100 simple steps.
Business
1 answer:
natta225 [31]2 years ago
6 0

Learning effects typically disappear after a while, in spite of the complexity of the task.

In a controlled online experiment, a learning effect is a positive or negative impact of an intervention that only becomes noticeable after a given amount of time t. The influence may grow (linearly, exponentially, etc.) over time or it may experience a more abrupt level change after a specific amount of time.

It is typically helpful to arrange an A/B test with a longer test length for more significant changes to give consumers more time to adjust to the change. Even if they eventually become adjusted to the new condition, many people first react adversely to changes. Similar to this, some people may show excitement and curiosity in a new feature, but this interest and curiosity will soon wane with time.

To know more about learning effect refer here:

brainly.com/question/11429122

#SPJ4

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The Herfindahl-Hirschman Index (HHI) is a mathematical approach to understanding market concentration that provides a single con
torisob [31]

Answer:

2550

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

40² + 20² + 15² + 15² + 10² = 1600 + 400 + 225 + 225 + 100 = 2550

4 0
3 years ago
Gamma Manufacturing employs some of the top professionals in its field, and because of their skills and experience, Gamma is hig
Fofino [41]

Answer:

Competitive Advantage

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question Gamma Manufacturing has a Competitive Advantage over its competition. A Competitive advantage is formally defined as the ability of an organization to produce goods or services more effectively than their competitors, therefore outperforming those same competitors in a certain market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
The main goal of monetary policy is to shift:____.a. long-run aggregate supply.b. aggregate demand. c. short-run aggregate suppl
Fed [463]

Answer:

b. aggregate demand.

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

4 0
4 years ago
Algebra of the income-expenditure model Consider a small economy that is closed to trade, so that its net exports are zero. Supp
ioda

Answer:

a. The equilibrium income level is <u>$100 billion.</u>

b. The new equilibrium level of income will be equal to <u>$500 billion</u>.

c. This economy's multiplier is equal to<u> 4</u>.

Explanation:

a. Calculation of the equilibrium income level

Since;

Y= C + IP + G ........................... (1)

Where;

C = $20 billion + 0.75 × (Y – T)

G = $35 billion

IP=$60 billion

T = $20 billion.

Remove the billion now for simplicity purpose to include later, substitute the values into equation (1) and solve for Y, we have:

Y = $20 + 0.75 * (Y – $120) + $60 + $35

Y = $20 + 0.75Y - (0.75 * $120) + $95

Y - 0.75Y = $20 + $95 - $90

0.25Y = $25

Y = $25 / 0.25

Y = $100

Therefore, the equilibrium income level is <u>$100 billion.</u>

b. Suppose that government purchases are increased by $100 billion. The new equilibrium level of income will be equal to ______ billion.

With this, we now have:

G = $35 billion + $100 billion = $135 billion

Replace this with G in part a and substitute other values as already given in part a into equation (1) and solve for Y, we have:

Y = $20 + 0.75 * (Y – $120) + $60 + $135

Y = $20 + 0.75Y - (0.75 * $120) + $195

Y - 0.75Y = $20 + $195 - $90

0.25Y = $125

Y = $125 / 0.25

Y = $500

Therefore, the new equilibrium level of income will be equal to <u>$500 billion</u>.

c. Based on the effect of the change in government purchases on equilibrium income, you can tell that this economy's multiplier is equal to _______.

Since the change in government purchases makes equilibrium income level to increase from $100 billion to $500 billion, we can calculate the rate of change in the equilibrium income level as follows:

Rate of change in equilibrium income = (New income – Previous income) / Previous income = ($500 - $100) / $100 = 4

With the rate of change of 4, we can tell that this economy's multiplier is equal to 4.

This can be confirmed using the multiplier formula as follows:

Multiplier = 1 / (1 – MPC) ……………………….. (2)

Where;

MPC = 0.75 from the consumption equation given C = $20 billion + 0.75 × (Y – T).

Substitute for MPC in equation (2), we have:

Multiplier = 1 / (1 – 0.75)

Multiplier = 1 / 0.25

Multiplier = 4

Which is the same as already obtained above.

Therefore, this economy's multiplier is equal to<u> 4</u>.

4 0
3 years ago
​Jane's aunt wants a cashmere blanket to put over her legs when she watches television from her favorite chair. Jane could drive
FrozenT [24]

Answer:

Situational Factor

Explanation:

The factor has to do with Jane's involvement in the task of buying the blanket. Jane cannot afford to drive 50 miles to buy the blanket at a cheaper price because she works a full time job and takes care of her three children. although it is cheaper she cannot afford the time it takes to drive 50 miles on her busy schedule and finds it easier to order it online as it will be delivered to her door step.  

4 0
3 years ago
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