The firm's short-run costs contain
A. only fixed costs.
B. both variable and fixed costs.
C. only variable costs.
D. only opportunity costs.
Answer: B
You might also like to view...
Over the period 1960-2000, France grew ________ than the United States economy
A) 2 % slower. B) 2% faster. C) more than 2% slower. D) less than 2% faster. E) more than 2% faster.
If a US citizen is employed by a US company in Russia, the income she earns is:
a. part of US GNP and Russian GDP. b. part of US GNP and Russian GNP. c. part of US GDP and Russi GNP d. part of US GDP and Russia GDP.
In order to qualify for unemployment insurance and worker's compensation, a person must have
a. paid taxes the previous year b. an employment record c. a family of four d. food stamps e. a driver's license
The view that well-organized producer groups expect to profit from economic regulation and therefore, persuade public officials to impose restrictions that existing producers find attractive is called?
a. social regulation b. public interest regulation c. special interest regulation d. anti-trust regulation