Multiple Choice
If the physical plant for a corporation is considered to be a fixed input,then
A) it is held constant in the long run
B) it can be changed in the long run
C) labor must be a variable input
D) technology must be changing
E) the firm will lose money in the short run,except under perfect competition
Correct Answer:
Verified
Correct Answer:
Verified
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Q87: The Marginal Cost curve will<br>A)cut ATC at
Q88: Variable costs are<br>A)the same as sunk costs<br>B)irrelevant
Q89: Average variable cost is<br>A)the change in cost
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Q94: Which of the following always decreases as
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