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Author Question: In the short run time horizon for a firm, total fixed costs (Read 161 times)

allywil32

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on: Oct 12, 2022

Question 1

In economics, the term "fixed costs" means
◦ opportunity costs.
◦ costs that are never accounted for.
◦ implicit costs.
◦ costs incurred in the past that involve no implicit costs.
◦ costs that do not vary with the level of output produced.

Question 2

In the short run time horizon for a firm, total fixed costs
◦ increase and then decrease as output increases.
◦ decrease as output increases.
◦ decrease and then increase as output increases.
◦ are equal to total variable costs.
◦ do not vary with output.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by allywil32 on Oct 12, 2022

MistyHubbard

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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allywil32

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Reply 2 on: Oct 12, 2022
:D TYSM

yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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