Firms that shut down in the short run are unable to avoid their:

Name: Firms that shut down in the short run are unable to avoid their:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fixed costs are costs that do not vary with the level of output in the short run. Therefore, a firm that shuts down in the short run will still be responsible for paying its fixed costs, since these costs cannot be avoided or reduced in the short run.

Firms That Shut Down in the Short Run Are Unable