Author Question: Which of the following is true for a constant cost industry? a. It uses a relatively large share of ... (Read 48 times)

waynest · **on:** Jun 30, 2018

Which of the following is true for a constant cost industry?
a. It uses a relatively large share of available resource inputs.
b. It uses a relatively small share of available resource inputs.
c. Industry expansion will put upward pressure on wages and/or other input prices.
d. Both a. and c.

Question 2

Which of the following are most likely to be in poverty?
a. Families headed by a male
b. White males
c. Disabled people
d. Married couples
e. People with a college degree