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What is correct in the short run? a) Fixed costs are equal to the quantity of the fixed input times its price b) If there
What is correct in the short run?
a) Fixed costs are equal to the quantity of the fixed input times its price
b) If there are more than 2 inputs, we may have 2 inputs which are fixed inputs
c) All other answers are correct
d) Variable costs are equal to the quantity of the variable input times its price
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