Fixed costs are best defined as: a. costs that do not vary with ...

[tfester]

Fixed costs are best defined as:
 a. costs that do not vary with output.
 b. costs that vary with output.
 c. the sum of all marginal costs.
 d. the change in total cost when one more unit of output is produced.

Question 2

Supporters of comparable worth claim that market correctly allocates the workers in their best paid works.
 a. True
  b. False
  Indicate whether the statement is true or false

[laurnthompson]

Answer to Question 1

a

Answer to Question 2

False

[tfester]

Wow, this really help

[kusterl]

Thanks for the timely response, appreciate it