In the short run:
A)fixed costs are zero.
B)all inputs are fixed.
C)some inputs are fixed.
D)variable costs are zero.

Name: In the short run: A)fixed costs are zero. B)all inputs are fixed. C)some inputs are fixed. D)variable costs are zero.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

In the short run, at least some inputs are fixed, while others may be variable. This means that while variable costs may exist, fixed costs cannot be adjusted in the short run. Therefore, choice C is the best answer.

In the Short Run