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    Exam 22: The Firm: Cost and Output Determination
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    A Fixed Resource Is One That
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A Fixed Resource Is One That

Question 86

Question 86

Multiple Choice

A fixed resource is one that


A) is physically tied to a specific location.
B) costs more than the average daily revenue of the firm.
C) cannot be varied in the short run.
D) can be disposed of only if the firm goes out of business.

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