Multiple Choice
In the long run,all costs are
A) fixed costs.
B) variable costs.
C) average costs.
D) sunk costs.
E) market opportunity costs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q83: The long-run average cost curve represents the<br>A)
Q84: Barriers to entry<br>A) will be established by
Q85: Economic profit<br>A) includes only explicit costs.<br>B) has
Q86: For exit from a particular perfectly competitive
Q87: To say a firm is earning normal
Q89: Right Panel: The market: a shift of
Q90: Refer to diagram D above.A firm producing
Q91: If an industry experiences an increase in
Q92: Celine Dion earned large economic rents in
Q93: Economic rent is<br>A) the amount you pay