If a Firm's Fixed Costs Increase, Then Profits Drop but Its

question 40

True/False

If a firm's fixed costs increase, then profits drop but its output should not change.

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Definitions:

Electrons

Negatively charged subatomic particles that orbit the nucleus of an atom and are involved in chemical bonds and electricity.

Atoms

The basic unit of a chemical element, consisting of a nucleus surrounded by electrons, defining the properties of matter.

U

U is the chemical symbol for uranium, a heavy metallic element used as a fuel in nuclear reactors and in the production of nuclear weapons.

Electrons

Electrons are negatively charged subatomic particles found in atoms, crucial for chemical bonds, electricity, and magnetism.