Which of the Following Is Most Likely to Be an Increasing-Cost

question 8

Multiple Choice

Which of the following is most likely to be an increasing-cost industry?

• A)An industry whose firms experience diseconomies of scale
• B)An industry whose firms experience economies of scale
• C)An industry that is a major buyer in the markets for the inputs it uses
• D)An industry that is a very small buyer in the markets for the inputs it uses
• E)An industry that is a major seller in the markets for its outputs

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Definitions:

Homologous Chromosomes

Pairs of chromosomes that have the same structure and gene sequence, one inherited from each parent.

Mitosis

A type of cell division that results in two daughter cells each having the same number and kind of chromosomes as the parent nucleus, typical of ordinary tissue growth.

Meiosis II

The second division cycle in meiosis, analogous to mitosis, where sister chromatids are separated into four haploid daughter cells.

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in four daughter cells, each genetically distinct from the parent cell.