Author Question: If a nonrenewable resource is used more in the current period, the return on saving the resource for ... (Read 102 times)

RODY.ELKHALIL · **on:** Jun 30, 2018

If a nonrenewable resource is used more in the current period, the return on saving the resource for future falls.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In the long run, the total variable cost of a firm:
a. is equal to its total fixed cost.
b. is equal to its total cost.
c. is equal to its average fixed cost.
d. is more than its total fixed cost.
e. is less than its total cost.