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Author Question: A firm's total cost in the short run is the sum of its fixed cost plus its variable cost plus its ... (Read 202 times)

shenderson6

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on: Jun 29, 2018
A firm's total cost in the short run is the sum of its fixed cost plus its variable cost plus its marginal cost.
 
  Indicate whether the statement is true or false

Question 2

List the four criteria that are generally used to evaluate economic outcomes.
 
  What will be an ideal response?


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hollysheppard095

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

(1.) Efficiency.
(2.) Equity.
(3.) Growth.
(4.) Stability.


shenderson6

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

marict

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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