A detail from the text: OPEC is an acronym for the world's most famous cartel. The acronym stands for
a. Oil and Petroleum Export Cartel
b. Organization of Producers of Exported Crude
c. Organization of Production and Exchange Countries
d. Organization of Petroleum Exporting Countries
e. Oil and Petroleum Extraction Countries
D
Economics
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In the short run, which of the following is likely to be a variable cost to a physician?
a. office space b. computers c. liability insurance d. insurance forms e. examining table
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Which of the following is considered to be a fixed cost of operating an automobile?
a. gasoline b. tires c. oil change d. maintenance e. registration fees
Economics