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An Industry Whose Total Output Can Be Increased Without a Change

question 258

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An industry whose total output can be increased without a change in long-run per-unit costs is a(n)


Definitions:

Sensory Input

Information that is perceived by the senses, including sight, sound, smell, taste, and touch, which is then processed by the brain.

Encoded

The process of converting information into a particular form for efficient storage, communication, or processing, often used in the context of memory or data transmission.

Consolidated

Combined or united to form a single entity or whole, often making something stronger or more coherent.

Short-Term Memory

Information and input that is currently activated.

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