A committed fixed cost can
a. never be eliminated.
b. be eliminated in the short term and in the long term.
c. be eliminated in the long term but not in the short term.
d. be eliminated in the short term but not in the long term.
C
You might also like to view...
Define a shadow negotiation.
What will be an ideal response?
The international product life cycle
A. explains why mercantilism failed. B. explains how international trade in manufactured goods will be linked to gross national income. C. is concerned with the role of innovation in trade patterns. D. requires perfect competition as an assumption underlying successful trade. E. states that a nation will trade goods that can be produced with the production factor that is most abundant.
The Universal Declaration of Human Rights proclaims that every individual has the right to own a passport
Indicate whether the statement is true or false
A trustee has the power to avoid preferences.?
Indicate whether the statement is true or false