If a Short-Run Fixed Cost Is Sunk, Then

question 51

Multiple Choice

If a short-run fixed cost is sunk, then

• A)losses can be minimized by shutting down.
• B)the firm should keep producing to cover the sunk cost.
• C)the cost cannot be avoided by shutting down.
• D)Both B and C.

---

Definitions:

Voltmeter

Device that measures the strength of electrical voltage by recording the difference in electrical potential between two points.

Current Meter

An instrument used for measuring the velocity and direction of water flow in rivers, streams, and oceans.

Patch Technique

A method in electrophysiology that involves sealing a tiny glass pipette onto a small patch of cell membrane to study ion channels.

Microelectrode

A very small electrode used to measure electrical activity in tissues such as the brain or muscles, often in neuroscience research.