In a Constant Cost Industry,the Cost Curves of Individual Firms

question 152

True/False

In a constant cost industry,the cost curves of individual firms will shift upward as the industry output expands.

---

Definitions:

Microcentrifuge

A laboratory device used for the rapid spinning of samples to separate components based on density.

Body Fluids

Liquids within humans and other living organisms that transport nutrients and waste products, including blood, lymph, and interstitial fluid.

Safety Glasses

Protective eyewear designed to safeguard the eyes from flying debris, chemicals, or harmful radiation.

Soap And Water

A basic cleaning method involving the use of soap and water to remove dirt, debris, and microbes from surfaces.