Which Is the Most Accurate Statement

question 155

Multiple Choice

Which is the most accurate statement?

• A)There is basically no real difference between shutting down and going out of business.
• B)One big difference between shutting down and going out of business is that after you've shut down you're still paying bills,but when you've gone out of business,there are no more bills to pay.
• C)When you shut down you must still pay your variable costs,but when you go out of business you have no costs at all.
• D)Shutting down is a long run option,while going out of business is a short run option.

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Definitions:

Crests

The peaks or highest points of a wave, often used in the context of waves in physics or oceanography.

Amplitude

In physics, it refers to the maximum extent of a vibration or oscillation, measured from the position of equilibrium.

Rods

Photoreceptors in the retina of the eye that are responsible for vision at low light levels, but cannot discern color.

Cones

Photoreceptor cells in the retina of the eye which function best in bright light and are responsible for color vision and high spatial acuity.