Which of the following would be fixed costs in the long run?
A) fire insurance premiums.
B) security guard contracts.
C) loan payments.
D) there are no fixed costs in the long run.

Question

Quizplus · Accepted Answer

In the long run, all costs are variable because firms have the flexibility to adjust all inputs. Fixed costs, such as rent or salaries, can be altered in the long run through decisions like moving to a different location or restructuring the workforce.

Which of the Following Would Be Fixed Costs in the Long