_______ is a cost that independent of the quantity produced by the firm and is incurred by the firm in the short run.
A)Fixed cost
B)Economic cost
C)Variable cost
D)Average total cost

Name: _______ is a cost that independent of the quantity produced by the firm and is incurred by the firm in the short run. A)Fixed cost B)Economic cost C)Variable cost D)Average total cost
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Question

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Fixed cost is a cost that is independent of the quantity produced by the firm and is incurred by the firm in the short run.

_______ Is a Cost That Independent of the Quantity Produced