In which cases are grey fixed and variable weights used？
举一反三
- A firm that shuts down temporarily has to pay A: its variable costs but not its fixed costs. B: its fixed costs but not its variable costs. C: both its variable costs and its fixed costs. D: neither its variable costs nor its fixed costs.
- When supply is ________ or the product is ________, then price is demand determined. A: variable; standardized B: fixed; unique C: fixed; standardized D: variable; unique.
- A weighted average of the value of a random variable, where the probability function provides weights is known as
- ( ) are the sum of the fixed and variable costs for any given level of production.
- Air transport is characterized by low fixed and high variable cost.