A firm that shuts down and produces no output incurs a loss equal to its A) total fixed costs. ...

Author Question: A firm that shuts down and produces no output incurs a loss equal to its A) total fixed costs. ... (Read 96 times)

bb

Hero Member
Posts: 544

on: Jun 29, 2018

A firm that shuts down and produces no output incurs a loss equal to its

A) total fixed costs.
B) total variable costs.
C) marginal costs.
D) marginal revenue.

Question 2

Proprietorships, partnerships, and corporations are the primary forms of

A) industries.
B) business organization.
C) principal-agent relationships.
D) command-incentive relationships.

izzat

Sr. Member
Posts: 328

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

B

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