A Firm That Shuts Down Temporarily Has to Pay

question 118

Multiple Choice

A firm that shuts down temporarily has to pay

• A)its variable costs but not its fixed costs.
• B)its fixed costs but not its variable costs.
• C)both its variable costs and its fixed costs.
• D)neither its variable costs nor its fixed costs.

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Definitions:

Confidence

A state of being certain about the truth of something or having a firm trust in someone or one's own abilities.

Sincerity

The quality of being open and genuine, without deceit or pretense, often reflected in communication or actions.

Glamor

An attractive or exciting charm that can inspire admiration and enthusiasm.

Strong Tones

In communication, strong tones refer to the use of assertive and powerful language to convey a message or express an emotion.