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Jenny Esquer
on Oct 27, 2024

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In the short run,fixed costs:

A) are an important feature in a firm's decision to produce or not produce.
B) have no impact on a firm's profit level.
C) do not exist.
D) remain constant.

Fixed Costs

Costs that do not vary with the quantity of output produced, such as rent or salaries.

  • Elucidate the significance and contribution of fixed and variable expenses in shaping an organization's production choices.
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KM
Kimberly MercadoNov 03, 2024
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