Suppose that in the long run the price of feature films, Ask an Expert

Economics

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.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M938745

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