Author Question: If a firm shuts down in the short run, will it have zero costs or not? Explain. What will be an ... (Read 58 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
If a firm shuts down in the short run, will it have zero costs or not? Explain.
 
  What will be an ideal response?

Question 2

Mandating clean technology, cap-and-trade, and taxes are tools that government can use to limit pollution.
 
  Indicate whether the statement is true or false



jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

No, the firm will still have fixed costs.

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

For a complete list of videos, visit our video library