A Firm Has Fixed Costs

question 79

Multiple Choice

A firm has fixed costs

• A) in the short run and in the long run.
• B) in the short run but not in the long run.
• C) in the long run but not in the short run.
• D) neither in the long run nor in the short run.

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Definitions:

Agricultural Experts

Professionals specializing in the science and practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.

Over Nutrition

A form of malnutrition where the intake of nutrients is oversupplied, leading to health issues such as obesity and related diseases.

Energy Intake

The amount of energy or calories consumed by an organism through food and drink; a crucial factor in nutrition and health.

Energy Use

Refers to the consumption of energy by human activities, primarily for power generation, transport, and manufacturing.