If fixed cost rises,
a. the profit maximizing level of output would decrease.
b. the profit maximizing level of output would not change.
c. marginal cost rises.
d. variable cost falls.
b
Economics
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Based on the table below, at what world price would the country import the good?
Price Q Demanded Q Supplied 2 100 70 4 95 75 6 90 80 8 85 85 10 80 90 12 75 95 A) a price below $8 B) at exactly $8 C) a price above $8 D) It is impossible to say.
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What is Rawlsian justice?
What will be an ideal response?
Economics