An economics textbook is an example of:

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(n):

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

Typically, marginal utility is higher when a person consumes less of a good

Indicate whether the statement is true or false