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The Total Cost to the Firm of Producing Zero Units

Question 156

Multiple Choice

The total cost to the firm of producing zero units of output is


A) zero in both the short run and the long run.
B) its fixed cost in the short run and zero in the long run.
C) its fixed cost in both the short run and the long run.
D) its variable cost in both the short run and the long run.

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