Which of the Following Statements Is False

question 87

Multiple Choice

Which of the following statements is false?

• A)An explicit cost is a nonmonetary opportunity cost.
• B)In the short run: total cost = fixed cost + variable cost.
• C)Variable costs are costs that change as output changes.
• D)In the long run there are no fixed costs.

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Definitions:

Anatomical Site

A specific location on or within the body.

Malignant Primary

Referring to an initial cancerous tumor that originates and develops in one site before potentially spreading to other body parts.

Leukocytosis

An increase in the number of white blood cells in the blood, often occurring in response to an infection or inflammation.

White Blood Cell Count

A test that measures the number of white blood cells in the body, which are crucial for fighting infection.