If you owned a small farm, which of the following would most likely be a fixed cost?
A) harvest labor
B) hail insurance
C) fertilizer
D) seed
Correct Answer:
Verified
Q177: At what point does marginal product equal
Q178: Use the following data to answer the
Q179: The law of diminishing returns in a
Q180: Which of the following statements is true?
A)Diminishing
Q181: If you operated a small bakery, which
Q183: Marginal cost is the
A)rate of change in
Q184: Assume that the only variable resource used
Q185: Which of the following is most likely
Q186: Assume that the only variable resource used
Q187: Fixed cost is
A)the cost of producing one
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