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Author Question: The fixed-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant ... (Read 47 times)

arivle123

  • Hero Member
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  • Posts: 569
on: Jul 1, 2018
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

  • Sr. Member
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  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


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