Multiple Choice
The total cost to a 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,zero in the long run
C) its fixed cost in the long run,zero in the short run
D) its fixed cost in both the short run and the long run
E) its variable cost in both the short run and the long run
Correct Answer:
Verified
Correct Answer:
Verified
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