Which of the following is the best example of a decreasing-cost industry?

A) the health care industry
B) the personal computer industry
C) the college-education industry
D) the oil industry

Answer: B

Economics

You might also like to view...

A technique for implementing industrial policies that probably worsened the effects of the 1997 crisis was

A) directed credit. B) protection from imports. C) export subsidies. D) research subsidies. E) quotas.

Economics

In order to predict behavior, economic models must be realistic.

Answer the following statement true (T) or false (F)

Economics