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A Firm's ___________ Consist of Expenditures That Must Be Made

Question 15

Multiple Choice

A firm's ___________ consist of expenditures that must be made before production starts that typically, over the short run, _______________ regardless of the level of production.


A) fixed costs; do not change,
B) variable costs; are constantly changing,
C) fixed costs; are consistently changing,
D) variable costs; do not change,

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