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23 The fast-food industry is generally considered to be a constant cost industry in regards to its use of labor as an input. Why? Few
23 The fast-food industry is generally considered to be a constant cost industry in regards to its use of labor as an input. Why? Few people prefer to work in the industry. Available labor is in short supply. Firms use a relatively small share of unskilled labor in most cities. The productivity of the workers is relatively low
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