In the short run,the fixed costs of a firm:

Name: In the short run,the fixed costs of a firm:
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Question

Quizplus · Accepted Answer

All of the statements are true. Fixed costs are costs that do not change with the level of output, and therefore must be paid regardless of whether the firm continues to produce or shuts down production. Additionally, fixed costs are greater than zero when the quantity produced is zero, as they encompass expenses such as rent, taxes, and other non-variable costs. Thus, all of the options are correct.

In the Short Run,the Fixed Costs of a Firm