In perfect competition, a change in fixed cost:
A.will cause a change in the price in the short run.
B.will cause a change in output in the short run.
C.will encourage entry or exit in the long run so that price will change enough to leave firms earning zero profits.
D.will cause a change in variable cost, too.

Question

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The Answer of In perfect competition, a change in fixed cost:
A.will cause a change in the price in the short run.
B.will cause a change in output in the short run.
C.will encourage entry or exit in the long run so that price will change enough to leave firms earning zero profits.
D.will cause a change in variable cost, too.

In Perfect Competition, a Change in Fixed Cost