The period in which there are no fixed costs is the

Name: The period in which there are no fixed costs is the
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Question

Quizplus · Accepted Answer

In the long run, all costs are variable, meaning that there are no fixed costs. This is because in the long run, a firm has the ability to adjust all factors of production, including their level of fixed inputs such as machinery and equipment. Therefore, the correct answer is B) Long run.

The Period in Which There Are No Fixed Costs Is