Total fixed cost are costs that are fixed with respect to:
a. the rate of output.
b. time.
c. technology.
d. the minimum wage or price supports.
a
Economics
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Which of the following is true of basic research? a. Basic research is the search for knowledge that does not aim at answering a specific question
b. Basic research is research that is not complex since it addresses elementary questions. c. Basic research is research that seeks to apply scientific discoveries to the development of specific products. d. Basic research is the search for knowledge to solve a particular problem. e. Basic research is always funded by the central government of a country.
Economics
Given free mobility of people, wage differentials will contribute to long-term wage disparities among regions
Indicate whether the statement is true or false
Economics