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Author Question: Fixed costs (Read 41 times)

clippers!

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on: Apr 19, 2019

Question 1

The decision by firms of how to produce output is based on


◦ techniques of production available.
◦ the price of output.
◦ the price of inputs.
◦ government oversight.

Question 2

Fixed costs


◦ do not exist in the long run.
◦ depend on a firm's level of output.
◦ are zero if a firm produces no output.
◦ are total costs minus average variable costs.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by clippers! on Apr 19, 2019

asdfghjkl;

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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clippers!

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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