In the long-run, all costs are
a. Fixed costs
b. Variable costs
c. Sunk Costs
d. Marginal Costs
b
Economics
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How is tax incidence important in tax policy in developing countries?
What will be an ideal response?
Economics
What would happen in the market for loanable funds if the government were to decrease the tax rate on interest income?
a. the supply of loanable funds would shift right and investment would increase. b. the supply of loanable funds would shift left and investment would decrease. c. the demand for loanable funds would shift right and investment would increase. d. the demand for loanable funds would shift left and investment would decrease.
Economics