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Sliva [168]
3 years ago
12

In the short run, the costs associated with variable inputs are _____, and the costs associated with _____ inputs are _____. var

iable;
fixed;
fixed fixed;
fixed;
fixed variable;
fixed;
variable fixed;
fixed;
variable
Business
1 answer:
Inga [223]3 years ago
6 0

Answer:fixed

Explanation: In the short run the rate at which some input being used are fixed and costs associated with these fixed inputs must be incurred regardless of the level of output produced. Other costs do different with the level of output produced by the firm during that period.

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Answer:

B) opportunity costs.

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According to the economist, Joe made a loss because his opportunity cost would have yielded a better return. In evaluating the viability of a project, economists always consider the returns from the next best alternative. Joe would have made a profit if the returns from the sales of gold were higher than the 3 percent from a certificate of deposit.  Because Joe opted for the gold, he missed the chance to earn from the certificate of deposit. In economics, he made a loss.

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When AS is greater than AD, savings will be greater than investment and economic activity will _________..
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Which budgeting approach requires justification for all expenditures
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Answer:

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