Question: A constant - cost industry is one in which a higher price per unit won't result in an increased output. the demand curve and therefore
A constantcost industry is one in which
a higher price per unit won't result in an increased output.
the demand curve and therefore the unit price and quantity sold seldom change.
if units can be produced for $ then can be produced for $ for $ and so forth.
the total cost of producing or units is no greater than the cost of producing units.
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