Assume that demand increases from D1to D2; in the new long run equilibrium, price settles at a level between P1and P2This means that the industry in question is a(n) -cost industry. a. decreasingb. increasingc. constantd. marginale. low

The answer is B. Increasing

Explanation:

An increasing-cost industry is an industry whose costs for production increase as more companies compete.

Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.

A decreasing‐cost industry is one where costs of production reduces as the industry expands.

answer: qué lástima, pero no podré ir.

explanation: the expression "qué lástima" means "what a pity" and indicates disgust, because she would like to go but she can't go.

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answer; monopolistic competition;