If a Firm Has No Variable Costs, the Profit-Maximizing Price

question 12

True/False

If a firm has no variable costs, the profit-maximizing price is also the revenue-maximizing price.

---

Definitions:

Behavioral Couples Therapy

A form of therapy focused on improving interpersonal relationships through the modification of behaviors affecting the relationship.

Sedatives, Anxiolytics, and Hypnotics

A group of drugs that are used to induce sedation, reduce anxiety, and help with sleep.

Phencyclidine (PCP)

A dissociative drug known for its mind-altering effects, which can induce delusions, hallucinations, and feelings of detachment from the environment and oneself.

Hallucinogens

A class of psychoactive substances that cause perceptual, sensory, and cognitive distortions, often used recreationally or in spiritual practices.