A decreasing-cost industry is one in which
A)contraction of the industry will decrease unit costs.
B)input prices fall or technology improves as the industry expands.
C)the long-run supply curve is perfectly elastic.
D)the long-run supply curve is upsloping.

Question

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The Answer of A decreasing-cost industry is one in which
A)contraction of the industry will decrease unit costs.
B)input prices fall or technology improves as the industry expands.
C)the long-run supply curve is perfectly elastic.
D)the long-run supply curve is upsloping.

A Decreasing-Cost Industry Is One in Which