[Answered] In the short run, a. Some production costs are fixed b. All inputs are fixed c. All inputs are ...

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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 62 times)

EAugust

Hero Member
Posts: 550

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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Marked as best answer by a Subject Expert

durant1234

Sr. Member
Posts: 338

Reply #1 on: Jul 1, 2018

Answer to Question 1

a

Answer to Question 2

b

EAugust

Member
Posts: 550

Reply 2 on: Jul 1, 2018

Excellent

kjohnson

Member
Posts: 330

Reply 3 on: Yesterday

TYSM

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