Multiple Choice
Which of the following is most likely a variable cost in the short run?
A) Labor
B) Property taxes
C) Rent
D) A business license
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: The factors of production include:<br>A) Money.<br>B) Profit.<br>C)
Q39: Total revenue minus total cost equals:<br>A) Profit.<br>B)
Q40: Table 5.6<br>Complete the following table,and use the
Q41: The long run refers to:<br>A) A time
Q42: The selection of the short-run rate of
Q44: Explain how the firm's total cost curve
Q45: The short run implies that all factor
Q46: Which of the following are factors of
Q47: A firm can be identified as profitable
Q48: When producing jeans,which of the following are