The Term Mobile Refers to Any Type of Electrical or Electronic

question 12

True/False

The term mobile refers to any type of electrical or electronic operation that is accomplished without the use of a "hard wired" connection.

---

Definitions:

Increasing Cost Industry

An industry in which production costs increase as output expands, often due to limited resources or other constraints.

Increasing-Cost Industry

An industry in which the costs of production increase as more firms enter the market, typically due to limitations in resources.

Decreasing-Cost Industry

An industry in which the average cost of production decreases as the industry grows and output increases.

Decreasing Returns to Scale

A situation in which a proportional increase in all inputs leads to a less than proportional increase in output, indicating reduced efficiency as scale of production expands.