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Considering market trends, it is typically more expensive to build the same project in the future than the past.

True
False

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Final answer:

It is typically true that a project would be more expensive to build in the future compared to the past due to market trends.

Step-by-step explanation:

It is typically true that a project would be more expensive to build in the future compared to the past due to market trends. On the supply side of markets, producers find it easier to expand production in the long term of several years rather than in the short run of a few months. This is because building new facilities or hiring many new workers can be costly or difficult in the short run, but over a few years, these become possible. Therefore, due to the costs associated with expanding production, it is usually more expensive to build the same project in the future than in the past.

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