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The age range for the KABC-II is approximately
Increasing-Cost Industry
An industry in which production costs rise as the industry's output increases, often due to the input costs and resource limitations.
Increasing-Cost Industry
An industry in which the costs of production increase as the output expands, usually due to factors like shortages of resources or increased prices of inputs.
Increasing Returns
A situation in economics where an increase in the scale of production leads to a greater than proportional increase in output, often resulting in economies of scale.
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