An experience curve is primarily dependent on the ________.

A) product life cycle
B) marketing mix
C) industry
D) economy

An experience curve is primarily dependent on the specific industry in which a company operates. It refers to the observed phenomenon that as experience in a given industry increases, the costs of producing a unit of output tend to decrease. This can be due to a variety of factors such as improved production methods, increased efficiency, and economies of scale. Therefore, the product life cycle, marketing mix, and economy may all impact the overall success of a company, but they are not the primary drivers of the experience curve.