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Tidy Tidy
wrote...
Posts: 4852
8 years ago
In the long run
A) the firm's fixed costs are greater than its fixed costs in the short run.
B) all of the firm's costs are explicit costs; there are no implicit costs of production.
C) the firm is more profitable than it is in the short run.
D) all of the firm's costs are variable costs.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 249 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
Don't mention it Happy Dummy
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