Question 8 5 pts A constant-cost industry is one in which: if 100 units can be produced for $100, then 150 can be produced for $150. 200 for $200, and so forth. producers can charge higher prices even though costs are constant demand is steadv--rare|y shifts as the rm produces more, marginal cost rises at an increasing rate Question 9 5 pts A competitive market has no barriers to entry by new rms and full information for potential producers. This assures that the price in long-run equilibrium will adjust so that it is: Below marginal cost. At minimum ATC, earning a normal prot. Below minimum ATC, earning a loss. Above minimum ATC. earning an excess prot