As the electronic components industry expands, the salaries paid to electrical engineers rise in response to higher demand. We can conclude that the electronic components industry is:

Question

Quizplus · Accepted Answer

An increasing-cost industry is characterized by rising costs in response to increased demand. In this scenario, the higher demand for electronic components leads to higher salaries for electrical engineers, indicating that the industry is an increasing-cost industry.

As the Electronic Components Industry Expands, the Salaries Paid to Electrical