A Constant-Cost Industry Is One in Which

question 18

Multiple Choice

A constant-cost industry is one in which:

• A) input prices do not change over time.
• B) technology does not change over time.
• C) input prices and technology do not change as firms enter or exit the industry.
• D) input prices and technology do not change over time.
• E) firms have reached the maturity phase of the industry's life cycle.

---

Definitions:

Self-Efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Ego-Ideal

A component of the personality in psychoanalytic theory, consisting of the idealized self-image and values adopted from one's parents and society.

Self-Esteem

A person's overall sense of their worth or personal value.

Interrole Conflict

A person’s experience of conflict among the multiple roles in his or her life.