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    Exam 13: The Costs of Production
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    In the Short Run, a Firm Incurs Fixed Costs
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In the Short Run, a Firm Incurs Fixed Costs

Question 233

Question 233

Multiple Choice

In the short run, a firm incurs fixed costs


A) only if it incurs variable costs.
B) only if it produces no output.
C) only if it produces a positive quantity of output.
D) whether it produces output or not.

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