Which of the following is true in the long run?
A) Total cost equals fixed cost.
B) Total cost is constant.
C) All costs are variable.
D) Marginal cost equals zero.
E) None of the above is true in the long run.
Correct Answer:
Verified
Q191: The main sources of economies of scale
Q192: To produce 10 shirts,the total cost is
Q193: Diseconomies of scale is
A) a short run
Q194: Average total cost equals
A) marginal cost divided
Q195: Economies of scale can occur as a
Q197: When a firm's long-run average total cost
Q198: A firm decreases its scale of operation
Q199: When a firm becomes so large it
Q200: If a firm increases its output and
Q201:
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