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Author Question: A firm that shuts down and produces no output incurs a loss equal to its A) total fixed costs. ... (Read 110 times)

bb

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on: Jun 29, 2018
A firm that shuts down and produces no output incurs a loss equal to its
 
  A) total fixed costs.
  B) total variable costs.
  C) marginal costs.
  D) marginal revenue.

Question 2

Proprietorships, partnerships, and corporations are the primary forms of
 
  A) industries.
  B) business organization.
  C) principal-agent relationships.
  D) command-incentive relationships.


izzat

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

A

Answer to Question 2

B


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