Home

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

Study and Earn Android App
Share this question with your friends

Correct Answer : C.


In the long run a firm can change all its inputs( size of firm, labor, capital etc) so all costs are variable in long run.}

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

Submit
Load More..

Also checkout

Rearrangement Set 15 MCQ Articles MCQ Solids, Liquides, Gases MCQ Rearrangement Set 6 MCQ Surds and Indices MCQ Series MCQ Rearrangement Set 13 MCQ Plants Physiology MCQ Metallurgical Operations MCQ Statement & Assumption MCQ Profit and Loss MCQ Anatomy and Physiology of Skeletal System MCQ