[Answered] A firm's total cost in the short run is the sum of its fixed cost plus its variable cost plus its ...

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shenderson6

Hero Member
Posts: 573

on: Jun 29, 2018

A firm's total cost in the short run is the sum of its fixed cost plus its variable cost plus its marginal cost.

Indicate whether the statement is true or false

Question 2

List the four criteria that are generally used to evaluate economic outcomes.

What will be an ideal response?

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hollysheppard095

Sr. Member
Posts: 339

Reply #1 on: Jun 29, 2018

Answer to Question 1

FALSE

Answer to Question 2

(1.) Efficiency.
(2.) Equity.
(3.) Growth.
(4.) Stability.

shenderson6

Member
Posts: 573

Reply 2 on: Jun 29, 2018

TYSM

ebonylittles

Member
Posts: 318

Reply 3 on: Yesterday

Excellent

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