With rent controls set below the equilibrium rent, what mechanism might arise that moves the market closer to the efficient equilibrium?

Which of the following is a predicted result of the increased use of additive manufacturing (using 3-D printers)?

A. Economies of scale in manufacturing will be eliminated, driving up production costs and prices. B. Lower prices of manufactured goods through the elimination of large fixed costs and transportation costs. C. Monopolization of manufactured goods industries, as few individuals can afford additive manufacturing technology. D. Significant increases in the fixed costs of producing manufactured goods.

Costs increase with output in an increasing-cost industry because:

A. input prices increase as the industry competes for scarce resources. B. firms may be forced to use less productive inputs. C. the firms become monopolies. D. Both input prices increase as the industry competes for scarce resources and firms may be forced to use less productive inputs are correct.