Tesla's high stock market valuation is partly justified by the company's learning curve- True
A learning curve is a mathematical notion that illustrates visually how a process improves with practice and learning over time. According to the learning curve idea, tasks will demand less time and resources as they are carried out more frequently due to the proficiency that is acquired when the procedure is learnt. The learning curve, which is used to gauge output effectiveness and project costs, was initially introduced by psychologist Hermann Ebbinghaus in 1885.
The rate of improvement is often indicated as a percentage when describing a learning curve. A steeper slope in the learning curve's visual representation denotes initial learning that results in bigger cost savings, and subsequent learning that leads to slower, more challenging cost savings.
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Answer:
The firm will use labor intensive technology when the marginal product of using labor intensive technology is greater than the marginal produce of capital intensive technology
Explanation:
Marginal product is the change in total product when the amount of input used in changed by 1 unit
When choosing which form of technology to use, a firm would choose the technology that yields the highest marginal product
For example, imagine a firm can choose between using labour or capital in its production. When labour is increased frim 10 to 20 units, output increase from 100 to 500 units
when capital is increased frim 10 to 20 units, output increase from 100 to 200 units
Marginal product of labour = 500 - 100 / ( 20 - 10) = 40
Marginal product of capital = (200 - 100) / (20 - 10) = 20
Marginal product of labour is higher than the Marginal product of capital. the firm should be labour intensive
Answer:
not me
Explanation:
i either do from knowledge or research...but bro u are still givivg away 15 points..generous
Answer:
5.82%
Explanation:
NPER = 5
PMT = 80
FV = 1,070
PV = 1145
RATE = YTC
Yield to call = RATE(Nper, Pmt, -PV, FV)
Yield to call = RATE(5, 80, -1145, 1070)
Yield to call = 0.058207481
Yield to call = 5.82%