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Meaning of experience effect | Babel Free

Noun CEFR B2

Definitions

The idea that production costs decrease by a constant percentage whenever production doubles, attributed to improvements in performance as a result of frequent repetition.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

experience meeting experience point experience points experience table experienceable Experienced

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