Which of the Following Statements Is TRUE

question 105

Multiple Choice

Which of the following statements is TRUE?

• A) In the long run, the average cost curve is always downward sloping.
• B) In the long run, the quantities of all inputs are fixed.
• C) In the long run, the firms' fixed costs are greater than its variable costs.
• D) In the long run, all costs are variable costs.

---

Definitions:

Mylanta

An over-the-counter medication used to treat symptoms of heartburn, acid indigestion, and gas, working by neutralizing stomach acid.

Kaopectate

A medication used to treat mild diarrhea, known for its ability to coat the lining of the gastrointestinal tract.

Antibiotic

A type of medication used to treat bacterial infections by killing or inhibiting the growth of bacteria.

Duracillin

A long-acting form of penicillin used for treating bacterial infections by inhibiting the bacteria's cell wall synthesis.