experience effects

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

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Meanings

noun
  1. pluralplural of experience effect
Cite this entry
APA

experience effects. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/experience%20effects

MLA

“experience effects.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/experience%20effects. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “experience effects,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/experience%20effects.

Source: experience effects on Wiktionary, CC BY-SA 4.0.