The short-term cost function assumes that
A. fixed costs can't be changed.
B. fixed costs can be easily changed.
C. all variable costs are equal.
D. variable costs can be fixed.
Answer: A
Economics
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A) a Nash equilibrium. B) Coase Theorem. C) Bargaining Theorem. D) English Bargaining.
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The theoretical proposition that government deficits do not affect the level of output because individuals realize that they have to pay the deficits in the future, and therefore increase their savings now, is called:
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Economics