The Long-Run Total Cost of Zero Output Is Equal to

question 42

Multiple Choice

The long-run total cost of zero output is equal to

• A)variable cost.
• B)fixed cost.
• C)zero.
• D)the marginal revenue product of labor.

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Definitions:

Cnidarians

A phylum of aquatic invertebrate animals that includes jellyfish, corals, and sea anemones, characterized by their specialized stinging cells called cnidocytes.

Echinoderms

A phylum of marine animals characterized by radial symmetry, a calcareous skeleton, and a complex water vascular system, including starfish, sea urchins, and sea cucumbers.

Arthropods

Invertebrate animals having an exoskeleton, a segmented body, and paired jointed appendages.

Flatworms

A diverse group of invertebrates belonging to the phylum Platyhelminthes, characterized by their flat, soft bodies.