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Author Question: A firm's total fixed cost (TFC) is a cost A) it is certain (fixed) that the firm must pay. B) ... (Read 86 times)

rosent76

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on: Jun 29, 2018
A firm's total fixed cost (TFC) is a cost
 
  A) it is certain (fixed) that the firm must pay.
  B) that does not change as output changes.
  C) that is dependent on marginal cost.
  D) that is paid in only the long run.

Question 2

Where large amounts of capital are used, the dominant form of business organization is the
 
  A) corporation.
  B) partnership.
  C) proprietorship.
  D) partnership in manufacturing and the corporation in finance.


chloejackso

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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