experience effect

Hello, you have come here looking for the meaning of the word experience effect. In DICTIOUS you will not only get to know all the dictionary meanings for the word experience effect, but we will also tell you about its etymology, its characteristics and you will know how to say experience effect in singular and plural. Everything you need to know about the word experience effect you have here. The definition of the word experience effect will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofexperience effect, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

Noun

experience effect (plural experience effects)

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