"Extractive" industries, such as agriculture, fishing, and mining, are typically constant cost industries.

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Extractive industries are not constant cost industries because as resources become scarcer or harder to extract, the cost of production increases. For example, as oil reserves become depleted, the cost of extracting oil from more difficult sources such as deep sea drilling or oil sands increases.

"Extractive" Industries, Such as Agriculture, Fishing, and Mining, Are Typically