Total fixed cost
a. increases as output increases.
b. declines as output increases.
c. is always zero.
d. remains constant even if the firm shuts down.
d
Economics
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Regulated firms can be induced to tell the truth
Indicate whether the statement is true or false
Economics
From 1973 to 1995, productivity of labor in the U.S
a. declined because of reduced capital formation. b. declined because of slower technological improvement. c. increased because of expanded technological improvement. d. increased because of expanded technological improvement.
Economics