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Case 1-1 Ryan is new to the use of XML, so he has a lot of basic questions about the fundamentals, including some philosophical questions about the language.
-Ryan asks you about the roots of XML. Which of the following is NOT a characteristic of SGML?
Decreasing-Cost Industry
An industry in which production costs decrease as the industry grows and output increases, often due to economies of scale.
LRAC Curve
The Long-Run Average Cost curve, showing the lowest possible cost of producing different levels of output when all inputs are variable.
Increasing-Cost Industry
An industry where production costs increase as output grows, often due to resource limitations or regulatory constraints.
Decreasing-Cost Industry
An industry in which average costs of production decrease as the industry grows larger, often due to economies of scale.
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