Which of the following is not a long-run investment decision?
A) Whether to buy or lease equipment.
B) The size of the factory.
C) Whether or not to enter into the industry.
D) How intensively to use the existing plant.
Correct Answer:
Verified
Q53: If price is greater than marginal cost
Q54: In the short run,a manufacturer should produce
Q55: Marginal cost will increase with greater output
Q56: Marginal cost is equal to:
A) Total cost
Q57: The short-run supply decision focuses on:
A) Marginal
Q59: The reason the average total cost curve
Q60: Rising marginal costs are the result of:
A)
Q61: Which of the following definitions is correct?
A)
Q62: In defining costs,economists recognize:
A) Explicit and implicit
Q63: Economic costs are greater than accounting costs:
A)
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