In the long run,
A) all inputs can be varied.
B) all inputs are fixed.
C) some inputs are variable and other inputs are fixed.
D) output is fixed.
E) total variable cost cannot be changed.
Correct Answer:
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Q176: Total fixed cost is the cost of
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Q177: If marginal cost increases when output increases,then
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Q178: In a figure showing the average total
Q179: Cost curves shift if
i.technology changes.
ii.the prices of
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Q182: Diseconomies of scale is a result of
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Q183: As output increases,economies of scale occur when
Q184: One of the major reasons for the
Q185: The main source of economies of scale
Q186: The long run average cost curve
A) is
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