Identify increasing or constant-cost industry

Reference no: EM131443085

Question: Given the industry description, identify each of the following as an increasing- or constant-cost industry.

a. Major League Baseball: Uses the majority of pitchers. As the number of pitchers used increased, the quality declines.

b. Fast-food restaurants: Uses a relatively small share of land and unskilled labor in most cities.

c. Trucking industry: Uses a large portion of the trained and experienced drivers, especially long-distance drivers.

Reference no: EM131443085

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