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Author Question: In the short run, a. Some production costs are fixed b. All inputs are fixed c. All inputs are ... (Read 139 times)

EAugust

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on: Jul 1, 2018
In the short run,
 a. Some production costs are fixed
  b. All inputs are fixed
 c. All inputs are variable
 d. None of the above

Question 2

If advertising makes demand of a product less elastic, it makes sense for a firm to
 a. Decrease the price of the product
  b. Increase the price of the product
 c. Leave the price unchanged
 d. None of the above


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durant1234

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


EAugust

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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