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Suppose that, in the long run, the price of feature films rises as the movie production industry expands. We can conclude that movie production is a/an:

Select one:
a. increasing-cost industry.
b. constant-cost industry.
c. decreasing-cost industry.
d. marginal-cost industry.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M938745

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