menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 12
  4. Exam
    Exam 8: Costs and the Changes at Firms Over Time
  5. Question
    Fixed Costs Exist
Solved

Fixed Costs Exist

Question 116

Question 116

Multiple Choice

Fixed costs exist


A) in both the short run and the long run.
B) in the short run but not in the long run.
C) in the long run but not in the short run.
D) in neither the short run nor the long run.
E) sometimes in the short run and sometimes in the long run.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q111: Capital expansion causes the average total cost

Q112: Exhibit 8-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 8-2

Q113: Exhibit 8-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 8-5

Q114: Exhibit 8-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 8-2

Q115: An isocost line has a<br>A)positive slope because

Q117: When marginal cost is greater than average

Q118: Suppose one firm buys cattle to process

Q119: Are there economies of scale for a

Q120: Consider the relationship between the average test

Q121: The vertical distance between average total cost

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines