Price of feature films rises as movie production expands


Suppose that, in the long run, the price of feature films rises as the movie production industry expands. We can conclude that movie production is a/an:

Select one:
a. increasing-cost industry.
b. constant-cost industry.
c. decreasing-cost industry.
d. marginal-cost industry.

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Microeconomics: Price of feature films rises as movie production expands
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