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Author Question: Explain why fixed costs do not exist in the long run and why they are typically irrelevant to the ... (Read 24 times)

azncindy619

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on: May 25, 2020

Question 1

Explain the significance of normal profit and supernormal profit.

Question 2

Explain why fixed costs do not exist in the long run and why they are typically irrelevant to the production decision in the short run.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by azncindy619 on May 25, 2020

wergv

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Reply #1 on: May 25, 2020
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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azncindy619

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

jomama

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Reply 3 on: Yesterday
Wow, this really help

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