When a drug company introduces a new drug on the market its research,development,and testing costs are ________,and the chemicals used in manufacturing the drug are _______________.
A) start up costs;fixed costs
B) fixed costs;start up costs
C) start up costs;variable costs
D) marginal costs;variable costs
Correct Answer:
Verified
Q30: Imagine that you are an entrepreneur,making designer
Q31: According to the textbook,the most important and
Q32: If a natural monopoly increases the quantity
Q33: A firm is most likely to experience
Q34: Start up costs are:
A)irrelevant in firm decision
Q36: Imagine that you are an entrepreneur,making designer
Q37: Imagine that you are an entrepreneur,making designer
Q38: The term "natural monopoly" refers to:
A)government ownership
Q39: A firm that doubles its use of
Q40: A firm that enjoys economies of scale
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