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    Managerial Economics and Business Strategy Study Set 1
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    Exam 5: The Production Process and Costs
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    Fixed Costs Exist Only In
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Fixed Costs Exist Only In

Question 73

Question 73

Multiple Choice

Fixed costs exist only in:


A) the long run.
B) capital-intensive markets.
C) the short run.
D) labor-intensive markets.

Correct Answer:

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