The growth rate of which of the following is not a component of the growth accounting equation?

Which of the following is most likely to be an increasing-cost industry?

a. An industry whose firms experience diseconomies of scale b. An industry whose firms experience economies of scale c. An industry that is a major buyer in the markets for the inputs it uses d. An industry that is a very small buyer in the markets for the inputs it uses e. An industry that is a major seller in the markets for its outputs

Drawing the supply curve and the demand curve on the same graph helps show how price is determined

a. True b. False Indicate whether the statement is true or false