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.
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.
举一反三
- Costs that change with the level of production are referred to as ________. A: fixed costs B: variable costs C: target costs D: total costs
- ( ) are the sum of the fixed and variable costs for any given level of production.
- The Bidder shall bear all costs associated with the preparation and submission of its Bid, and the Employer shall be responsible or liable for those costs.
- If a firm in circumstances of perfect competition finds that, at its best possible operating position, total revenue is not sufficient to cover total variable costs, it should:
- Costs that may be essential to the long-run achievement of the organization's goals, but that managers can almost reduce to zero in the short run, are called: A: a. engineered costs B: b. mixed costs C: c. committed fixed costs. D: d. discretionary fixed costs