FILL IN THE BLANK. fixed costs are important because, at least in the _ , the firm _ . long run; cannot alter them short run; cannot alter them long run; can alter them short run; can alter them.

Long-term, none of the costs are fixed. A company has two options: it can either close down old facilities or develop new factories and buy new equipment. A company might contrast several manufacturing technologies or processes while making long-term plans.

What does it mean that there are no long-term fixed costs?

Given that the long run is a sufficient amount of time for all short-run fixed inputs to become variable, there are, by definition, no fixed costs in the long run.

What are the firm's short-term fixed costs?

Fixed expenses are outlays that, at least temporarily, are unaffected by the level of production. No matter how much or how little you generate, the fixed costs remain the same. The rent for a manufacturing or a retail location is one illustration.

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FILL IN THE BLANK. fixed costs are important because, at least in the ___ , the firm ___ . long run; cannot alter them short run; cannot alter them long run; can alter them short run; can alter them.

Respuesta :

What transpires with fixed costs over time?

What does it mean that there are no long-term fixed costs?

What are the firm's short-term fixed costs?

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FILL IN THE BLANK. fixed costs are important because, at least in the _ , the firm _ . long run; cannot alter them short run; cannot alter them long run; can alter them short run; can alter them.