Which of the following is NOT true?
A) Rental costs for a building are sunk in the short run and fixed in the long run.
B) Rental costs for a building are avoidable in the long run.
C) Variable costs, such as ingredients for a pizza, are avoidable in the long run and the short run.
D) Rental costs for a building are fixed in the short run and sunk in the long run.
Correct Answer:
Verified
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