In the long run, which of the following is considered a variable ...

[c0205847]

In the long run, which of the following is considered a variable cost?
 
  A) Expenditures for wages
  B) Expenditures for research and development
  C) Expenditures for raw materials
  D) Expenditures for capital machinery and equipment
  E) all of the above

Question 2

The individual pictured in Figure 5.2
 
  A) must be risk-averse.
  B) must be risk-neutral.
  C) must be risk-loving.
  D) could be risk-averse, risk-neutral, or risk-loving.
  E) could be risk-averse or risk-loving, but not risk-neutral.

[blazinlyss]

Answer to Question 1

E

Answer to Question 2

A

[c0205847]

TYSM

[laurnthompson]

Excellent