In the short run,when are a firm's fixed costs equal to zero
A)if it incurs no variable costs
B)if it produces no output
C)if it incurs profits
D)fixed costs are always greater than zero

Name: In the short run,when are a firm's fixed costs equal to zero A)if it incurs no variable costs B)if it produces no output C)if it incurs profits D)fixed costs are always greater than zero
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Question

Quizplus · Accepted Answer

Fixed costs are incurred regardless of the level of output, so they are always greater than zero in the short run.

In the Short Run,when Are a Firm's Fixed Costs Equal