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Author Question: By producing less, a firm can reduce A) its fixed costs and its variable costs. B) its fixed ... (Read 296 times)

ETearle

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By producing less, a firm can reduce
 
  A) its fixed costs and its variable costs.
  B) its fixed costs but not its variable costs.
  C) its variable costs but not its fixed costs.
  D) neither its variable costs nor its fixed costs.

Question 2

Government failure, when government actions lead to inefficiency, can result in
 
  A) overprovision.
  B) underprovision.
  C) both A and B.
  D) neither A nor B.



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sultana.d

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Answer to Question 1

C

Answer to Question 2

C




ETearle

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


laurnthompson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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