Question: In the long run Question content area bottom Part 1 A. all of the firm's costs are variable costs. B. the firm is more profitable

In the long run Question content area bottom Part 1 A. all of the firm's costs are variable costs. B. the firm is more profitable than it is in the short run. C. the firm's fixed costs are greater than its fixed costs in the short run. D. all of the firm's costs are explicit costs; there are no implicit costs of production

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