If the factor prices and factor quantities move in the same direction, we have
A. | A decreasing cost industry |
B. | A constant cost industry |
C. | An increasing cost industry |
D. | Inadequate data to tell precisely what will happen |
Answer : C Explanation : |
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |