Multiple Choice
Fae owns Sweetpea Bakery. Prior to this past week, Sweetpea Bakery has been perfectly competitive. Now, the bakery must close. In the short run, which of the following must Fae pay?
A) All of the costs of running Sweetpea Bakery-fixed and variable
B) None of the costs, whether fixed or variable
C) Only fixed costs
D) Only variable costs
Correct Answer:
Verified
Correct Answer:
Verified
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