Which of the following is the best example of a decreasing-cost industry?

Question

Quizplus · Accepted Answer

The personal computer industry is an example of a decreasing-cost industry because as production increases, the cost per unit decreases due to technological advancements and economies of scale. This allows companies to offer lower prices and expand production without incurring additional costs. The other options do not follow this pattern, as the costs in healthcare, college-education, and oil industries tend to rise over time due to factors such as increasing demand, rising education costs, and depletion of resources.

Which of the Following Is the Best Example of a Decreasing-Cost