A major characteristics of a firm operating at a long-run...
A major characteristics of a firm operating at a long-run equilibrium position is that
All costs can be varied
Average variable cost is fixed
Fixed cost can not be changed
Marginal cost is fixed
Only variable cost changes
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a non-renewable natural resources? ...
Depreciation = $40,000 Gross Domestic Product = $100,000 Factor Payments to Foreigners = $20,0...
The term marginal propensity to consume can best be explained as the ...
What are inferior goods? These are goods ...
An aging population is a population ...
All rates of interest in a country are influenced by the ...
Commercial bank reserves at the Central Bank have the effect of ...