Which of the Following Is Most Likely to Be an Increasing-Cost

question 8

Multiple Choice

Which of the following is most likely to be an increasing-cost industry?

• A)An industry whose firms experience diseconomies of scale
• B)An industry whose firms experience economies of scale
• C)An industry that is a major buyer in the markets for the inputs it uses
• D)An industry that is a very small buyer in the markets for the inputs it uses
• E)An industry that is a major seller in the markets for its outputs

---

Definitions:

Atherosclerosis

A condition characterized by the hardening and narrowing of the arteries due to the buildup of plaque, potentially leading to heart attack, stroke, and other cardiovascular diseases.

Arteriosclerosis

A degeneration and hardening of the walls of arteries.

Renal Function

The efficiency and effectiveness of the kidneys in filtering and eliminating waste products from the blood.

Mg/dL

Milligrams per deciliter, a measurement unit used in medicine to denote the concentration of substances in the blood.