In the Short Run,a Firm Cannot Change the Amount of Capital

question 268

Multiple Choice

In the short run,a firm cannot change the amount of capital it uses.Therefore the cost of capital is a

• A) short-run cost.
• B) variable cost.
• C) productivity cost.
• D) fixed cost.
• E) marginal cost.

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Definitions:

Chemoreceptors

Sensory cells or organs responsive to chemical stimuli, involved in detecting changes in the chemical composition of the environment or body.

Nociceptor

A sensory receptor that responds to potentially damaging stimuli by sending signals to the spinal cord and brain, which is interpreted as pain.

Substance P

A peptide involved in transmitting pain messages to the brain and is involved in inflammatory processes.

Interneurons

Neurons that transmit signals between sensory and motor neurons, playing a critical role in the central nervous system by integrating sensory input and motor output.