Author Question: The fixed-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant ... (Read 75 times)

arivle123

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The fixed-cost fallacy occurs when
 a. A firm considers irrelevant costs
  b. A firm ignores relevant costs
  c. A firm considers overhead or depreciation costs to make short-run decisions
  d. Both a and c

Question 2

Holding other things constant, increases in the price level in the US will
 a. Cause the dollar to appreciate
 b. Cause the dollar to depreciate
 c. Does not affect the dollar value
  d. None of the above



otokexnaru

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Answer to Question 1

d

Answer to Question 2

b



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