Multiple Choice
Which of the following is generally a fixed cost?
A) Property taxes on land used in production.
B) Wages.
C) Profit taxes.
D) Utilities.
Correct Answer:
Verified
Related Questions
Q72: Short-run profits are maximized at the rate
Q73: For the perfectly competitive firm,the marginal revenue
Q74: For perfectly competitive firms,price
A)Is greater than marginal
Q75: A perfectly competitive firm will maximize profits