In an increasing-cost industry, A. all firms have decreasing returns to scale. B. all firms have constant returns to scale. C. all firms have increasing returns to scale. D. input prices increase when the industry expands and produces more output.
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Home » Business » In an increasing-cost industry, A. all firms have decreasing returns to scale. B. all firms have constant returns to scale. C. all firms have increasing returns to scale. D. input prices increase when the industry expands and produces more output.