Question: fixed costs are often defined as fixed over the short run . Does this mean that they are not fixed over the long run ?

fixed costs are often defined as "fixed over the short run" . Does this mean that they are not fixed over the long run ? why ? why not ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Fixed costs are often defined as fixed over the short run. Does this mean that they are not fixed over the long run? Why or why not?

Q:

Fixed costs are often defined as fixed over the short run. Does this mean that they are not fixed over the long run? Why or why not? Discuss.

Q:

CoursHeroTranscribedText: 4- 1. Fixed costs are often dened as "xed over the short run." Does this mean that theyr are not xed over the long run? Why or why:' not

Q:

Discussion Board Fixed costs are often defined as fixed over the short run. Does this mean that they are not fixed over the long run? Why or why not? Is a company really breaking even if it produces...

Q:

Fixed costs are often defined as "fixed over the short run." Does this mean that they are not fixed over the long run? Why or why not?

Q:

Fixed costs are often dened as xed over the short run. Does this mean that they are not xed over the long run? Why or why not? Give an example of an organization with fixed costs that are fixed over...

Q:

Fixed costs are often defined as "fixed over the short run." Does this meant they are not fixed over the long run? Why or why not?

Q:

1.Consider the market for rubber bands to be perfectly competitive. The demand for rubber bands is given by the demand curve: P=6000-0.25Q and industry supply is given by P=0.19Q. One firm in the...

Q:

11. Suppose a firm's marginal cost of production is MC = 10 + 2q, where MC is total cost and q is the level of output. If the firm gets $40 for each unit it sells, variable costs are VC = 10q + q 2 ,...

Q:

A company is experiencing economies of scale, the decrease when the firm produces more units of output. O long run average total costs O long run average fixed costs O short run average variable...

Q:

How important is it that the effectiveness of a training program be measured in dollar terms? Why is it important to measure training effectiveness in the first place?

Q:

Celine issues a ninety-day negotiable promissory note payable to the order of Hayden. The amount of the note is left blank, pending a determination of the amount that Hayden will need to purchase a...

Q:

apter 1 5 Homework Saved i Exercise 1 5 - 1 8 ( Algo ) Short - term lease [ LO 1 5 - 5 ] Chance Enterprises leased equipment from Third Bank Leasing on January 1 , 2 0 2 4 . Chance elected the short...

Q:

Your Uncle has decided to share some of his wealth with you and your sister, Anna. His plan is outlined below. a. The cash flows that you will get i) $2000 each year for five years starting one year...

Q:

Why did Hostess Brands Inc. go into bankruptcy?

Q:

Did unions act in the best interests of the workers they represented? Did the two unions involved follow the same strategy?

Q:

Imagine that Serious Materials has hired you as an HR consultant for the Chicago window factory. Suggest how the company can build on its initial goodwill with workers to create positive labor...