The Total Cost to the Firm of Producing Zero Units

question 156

Multiple Choice

The total cost to the firm of producing zero units of output is

• A)zero in both the short run and the long run.
• B)its fixed cost in the short run and zero in the long run.
• C)its fixed cost in both the short run and the long run.
• D)its variable cost in both the short run and the long run.

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Definitions:

Thromb/o

A prefix meaning clot, often used in medical terms related to blood clotting.

-Emia

A suffix in medical terminology indicating a condition of the blood.

-Ergy

A suffix often used in scientific terms to denote work or energy.

IgD

A class of immunoglobulins that primarily exists on B cell surfaces, acting as an antigen receptor.