In a constant cost industry, increased output does not change average total cost, and price settles at the original equilibrium price. What happens to average total cost and price in an increasing cost industry and a decreasing cost industry when output increases?

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The Answer of In a constant cost industry, increased output does not change average total cost, and price settles at the original equilibrium price. What happens to average total cost and price in an increasing cost industry and a decreasing cost industry when output increases?

In a Constant Cost Industry, Increased Output Does Not Change