In the long-run:

A. Fixed cost will be greater than variable cost

B. Variable costs will be greater than fixed costs

C. All costs are variable costs

D. All costs are fixed costs

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The Strategy of Economic Development is the work of:
  2. Robbins definition of economics was criticised by:
  3. In the long run:
  4. Given a U shaped average cost curve, the relationship between average cost and marginal cost is such…
  5. While buying two goods X and Y with unequal prices, to maximize total utility from his income, a consumer…
  6. Efficient allocation of resources is achieved to a greater extent under:
  7. Who first used the term Quasi-Rent?
  8. In repeated game, the Prisoners Dillemma can have a:
  9. When marginal costs curve cuts average costs curve, average costs are:
  10. In short run, a firm would remain in business as long as which one of the following of cost is covered?
  11. Stable cobweb model is a:
  12. A monopolist is:
  13. We can obtain consumers demand curve from:
  14. Of the following commodities, which has the lowest price-elasticity of demand?
  15. When a consumer is in equilibrium then slope of indifference curve is:
  16. In monopolistic competition, the real differentiation in products is due to difference in:
  17. At final equilibrium in cournot model, each firm sells:
  18. The external economies of scale experienced by a firm include the:
  19. The price consumption curve (PCC) for commodity X is the locus of points of consumer equilibrium resulting…
  20. Under monopoly and imperfect competition MC is:
  21. Which of the following has more elastic demand curve?
  22. If the consumers expect that the price of computers will decrease in next year then:
  23. Cross-elasticity of demand or cross-price elasticity between two complements will be:
  24. Identify the author of The Principles of political Economy and Taxation:
  25. Price discrimination is possible:
  26. In 1932, The nature and significance of economic science was written by:
  27. In which case the elasticity shown by the different points of a curve is the same?
  28. If the demand curve is vertical then its slope is:
  29. Traditionally, the study of determination of price is called:
  30. In the real world, some competitive firms owns specialized resources that earn a return called: