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17 February, 23:06

Fixed cost is: Multiple Choice

usually zero in the short run.

the cost of producing one more unit of capital, for example, machinery.

any cost that does not change when the firm changes its output.

average cost multiplied by the firm's output.

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  1. 18 February, 00:45
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    Fixed cost is an example of any cost that does not change when the firm changes its output, since it is an amount that is set in stone.
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