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coleshear coleshear
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2 months ago

Which of the following statements is true?



▸

In the short run, there are no fixed costs, only variable costs.



▸

In the short run, there are fixed and variable costs, but in the long run there are only fixed costs.



▸

In the short run, there are fixed and variable costs, but fixed costs are the only costs a firm is concerned with.



▸

In the long run, there are no costs, fixed or variable.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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qwasqwas1qwasqwas1
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2 months ago
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More solutions for this book are available here

none of the above
1

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coleshear Author
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2 months ago
Thanks
shelbycox
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Yesterday
You make an excellent tutor!
missnoname
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2 hours ago
Thank you, thank you, thank you!
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