Entry into the information technology industry becomes more attractive the more firms there are because of the increased availability of already trained workers.Given this trend,it appears that information technology is

Question

Quizplus · Accepted Answer

An increasing number of firms in the information technology industry leads to a larger pool of trained workers, thereby lowering the cost of training new workers and increasing efficiency. As a result, the industry becomes a decreasing-cost industry.

Entry into the Information Technology Industry Becomes More Attractive the More