An Industry in Which an Increase in Industry Output Is

question 355

Multiple Choice

An industry in which an increase in industry output is accompanied by an increase in long-run per-unit costs is a(n)

• A) increasing-cost industry.
• B) constant-cost industry.
• C) break-even cost industry.
• D) decreasing-cost industry.

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Definitions:

H. Sapiens

Homo sapiens, the species name for modern humans, characterized by bipedalism and complex brain development.

Bipedal Locomotion

The ability to move by walking on two legs, characteristic of humans and some animals.

Supraorbital Ridges

The bony ridges located above the eye sockets, prominent in some primates including humans.

Homo Sapiens

The scientific name for modern humans, a species known for complex brain development, upright posture, and advanced social behaviors.