Fixed costs are

A. not actually costs since they do not affect the decisions of a firm.
B. costs that never change.
C. costs that increase at a constant rate when output increases.
D. costs that a firm incurs even when output is zero.


Answer: D

Economics

You might also like to view...

What are law-making lags? What effect do they have on the use of discretionary fiscal policy?

What will be an ideal response?

Economics

A decrease in the price of bowling shifts the

A) demand curve for bowling balls leftward. B) demand curve for bowling balls rightward. C) supply curve of bowling balls leftward. D) supply curve of bowling balls rightward.

Economics

If knowing about one outcome does not help to predict another outcome, the outcomes are said to be ________

A) exclusive B) inclusive C) dependent D) independent

Economics

Explain how the aggregate demand curve is derived

What will be an ideal response?

Economics