With reference to ethical norms, to minimize costs is a form of ________

Total fixed cost:

A. is the sum of all expenses which are closely related to output. B. is the sum of those costs which do not change in total no matter how much is produced. C. may vary in the short run--but is more or less fixed in the long run. D. is the sum of all costs of manufacturing and distributing a product. E. would be zero if the quantity produced were zero.

GATS requires its member states to ensure that their domestic regulations affecting trade in services are administered in a reasonable, objective, and impartial manner and as soon as the ________ adopts harmonizing guidelines in these areas, it will

require them to bring their practices into compliance with those guidelines. A. Council for Trade-Related Aspects of Intellectual Property Rights B. Trade Negotiations Committee C. Council on Trade in Services D. Council for Trade in Goods