Author Question: The fixed-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant ... (Read 81 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
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
  • ****
  • Posts: 314
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library