« previous next »

Author Question: In the short run, if a firm shuts down its maximum loss equals the amount of its fixed cost. ... (Read 50 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
In the short run, if a firm shuts down its maximum loss equals the amount of its fixed cost.
 
  Indicate whether the statement is true or false

Question 2

In the modern U.S. economy, the typical unemployed person stays unemployed for
 
  A) an amount of time that is hard to quantify.
  B) a long time during expansions and a short time during recessions.
  C) a relatively long time, over a year.
  D) a relatively short time, less than six months.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
(A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone (A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact. Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Adding Volume to Your Meals Aids Weight Loss Adding Volume to Your Meals Aids Weight Loss
Estimating Potential Blood Volume Loss (Part 1) Estimating Potential Blood Volume Loss (Part 1)
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library