Which of the following is most likely to be an increasing-cost industry?
A) An industry whose firms experience diseconomies of scale
B) An industry whose firms experience economies of scale
C) An industry that is a major buyer in the markets for the inputs it uses
D) An industry that is a very small buyer in the markets for the inputs it uses
E) An industry in which the firms earn positive economic profit in the long run
Correct Answer:
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