A. Fixed costs are zero if the firms is producing nothing.
B. Fixed costs are the difference between total costs and total variable costs
C. There are no fixed costs in the long run
D. Fixed costs do not depend on the firm’s level of output
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[junkie-toggle title="Economics Mcqs" state="closed"] - Profit Maximizing Under Perfect Competition And Monopoly
- Profit Maximizing Under Perfect Competition And Monopoly
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