Suppose that, in the long run, the price of feature fi lms rises as the movie production
Question:
Suppose that, in the long run, the price of feature fi lms rises as the movie production industry expands. We can conclude that movie production is a (an)
a. increasing-cost industry.
b. constant-cost industry.
c. decreasing-cost industry.
d. marginal-cost industry.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: