Which of the following is most likely a fixed cost?
A) The material used to make jackets.
B) The labor on an automotive assembly line.
C) The rent for a factory.
D) The electricity used to run packaging equipment.
Correct Answer:
Verified
Q33: Average total cost is equal to
A)Total cost
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A)Is the change in total output
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Q39: If the marginal physical product (MPP)is falling,then
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Q42: The marginal cost curve intersects the minimum
Q43: In the long run,which of the following
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