If an Industry's Long-Run Per-Unit Costs Increase as Its Output

question 360

Multiple Choice

If an industry's long-run per-unit costs increase as its output increases then

• A) the firm's long-run economic profits must be greater than zero.
• B) the firm is most likely a decreasing-cost industry.
• C) the firm is most likely an increasing-cost industry.
• D) the firm is most likely a constant-cost industry.

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Definitions:

Child Abuse Prevention

Strategies and measures aimed at stopping maltreatment of children, including physical, emotional, and sexual abuse, as well as neglect.

"Good" and "Bad" Touching

The understanding and distinction between touches that are safe and respectful, vs. those that are harmful and disrespectful.

Sexual Abuse Prevention

Strategies and measures taken to protect individuals from unwanted or illegal sexual activities.

Rape

A criminal act involving sexual intercourse or other forms of sexual penetration carried out against a person without their consent.