Which Statement Is FALSE

question 215

Multiple Choice

Which statement is FALSE?

• A) All costs are fixed costs in the long run.
• B) TC = FC + VC.
• C) In the long run, all inputs are variable.
• D) A fixed cost is a cost that does not vary as quantity produced varies.

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Definitions:

Face-to-face Interview

A method of collecting data or conducting an inquiry where an interviewer and respondent engage in a direct conversation in person.

Self-administered Questionnaire

A method of data collection where respondents complete the questionnaire on their own without the direct involvement of a researcher or interviewer.

Independent Variable

In experimental and observational studies, a variable that is manipulated or observed to determine its effects on a dependent variable.

Television Viewing

The act of watching content on a television set, which can include broadcasts, streaming services, and recorded programs.