« previous next »

Author Question: In the short run, if a firm shuts down its maximum loss equals the amount of its fixed cost. ... (Read 99 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
In the short run, if a firm shuts down its maximum loss equals the amount of its fixed cost.
 
  Indicate whether the statement is true or false

Question 2

In the modern U.S. economy, the typical unemployed person stays unemployed for
 
  A) an amount of time that is hard to quantify.
  B) a long time during expansions and a short time during recessions.
  C) a relatively long time, over a year.
  D) a relatively short time, less than six months.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
Location of point of maximum effort Location of point of maximum effort
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Major causes of biodiversity loss Major causes of biodiversity loss
Data management short answer q Data management short answer q
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: The Vestibular System

For a complete list of videos, visit our video library