Business, 20.03.2020 23:57 jtphillips02

Fixed cost is:.
a. average cost multiplied by the firm's output.
b. usually zero in the short run.
c. the cost of producing one more unit of capital, for example, machinery.
d. any cost that does not change when the firm changes its output.

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Fixed cost is:.
a. average cost multiplied by the firm's output.
b. usually zero in the...