Practice mode Average And Total Cost

Which of the following statements about costs is true?

Correct answer B. All costs are variable in the long run

Explanation

In the long run every input, including plant size, can be changed, so all costs are variable.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.