Multiple Choice
In the short run,when output is zero
A) total cost is zero.
B) total cost is equal to variable cost.
C) total cost is equal to fixed cost.
D) it is impossible to determine total cost.
Correct Answer:
Verified
Related Questions
Q79: If marginal cost is less than average
Q80: Q81: As output rises Q82: Statement I: Variable costs vary with output.![]()
A)fixed cost and average fixed
Statement
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents