Which of the Following Is a Good Example of an Increasing-Cost

question 141

Multiple Choice

Which of the following is a good example of an increasing-cost industry?

• A) apartments
• B) sugar
• C) mining
• D) all of the above

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Definitions:

Bureau of Labor Statistics

A U.S. government agency that collects, processes, analyzes, and disseminates essential statistical data on labor market activity, working conditions, and price changes in the economy.

Adult Population

The adult population includes all individuals in a specified area or country who are considered legally adults, often aged 18 and over.

Employed Category

A classification for individuals who are currently holding a job or are in employment.

Unemployed Category

A classification used in labor statistics to describe individuals who are not currently employed but are actively seeking employment.