A Local Bagel Company Plans to Keep and Maintain Its

Multiple Choice

A local bagel company plans to keep and maintain its bagel factory, which is estimated to last 25 years. All cost decisions it makes during the 25-year period

A) are short-run decisions
B) are long-run decisions
C) involve only maintenance of the factory
D) are zero, since the cost decisions were made at the beginning
E) involve both fixed and variable cost