--%>

Fixed cost in long run

Can there be certain fixed cost in long run? If not why?

Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed input in long run.

   Related Questions in Microeconomics

  • Q : Increase revenues when price falls When

    When the price elasticity of demand for fried cheesy grits at Pixie’s Breakfast Grill is two, in that case a price cut of $2.80 to $2.00 per serving of grits would be most probably to: (1) reduce Pixie’s revenues from grits by roughly fort

  • Q : Industrial Unions-organizing workers

    Can someone help me in finding out the right answer from the given options. Industrial unions are proposed to organize all the workers in: (i) A specific company. (ii) The United States. (iii) Particular skill or the craft. (iv) Particular occupation. (v) Specific ind

  • Q : Profit-maximizing output for economic

    Babble-On maintains world-wide patents for software which translates any of 314 spoken languages in text, along with automatic audio and text translations within any of the other three-hundred-thirteen languages. When Babble-On produces its profit-maximizing o

  • Q : Oligopoly in market structure Unlike a

    Unlike a monopolistically competitive firm, which an oligopoly is described by: (w) product differentiation. (x) extensive use of advertising. (y) conscious interdependence in decisionmaking by firms. (z) independence among firms.

    Q : Production Costs of goods problem I

    I have a problem in economics on Production Costs of goods problem. Please help me in the following question. In order to provide more goods on the market, firms increase prices to cover: (1) Rising opportunity costs in the production. (2) Technologic

  • Q : Minimum wage laws for unskilled and

    The capability of unskilled workers to compete against skilled workers for jobs tends to be decreased by: (1) progressive income taxes. (2) laws which impose excessive legal minimum wages. (3) speculation and arbitrage. (d) inflationary balance of trade deficits. (5)

  • Q : Sole Proprietorships and Partnerships

    Can someone please help me in finding out the precise answer from the following question. Relative to corporations, drawbacks to the owners of sole partnerships and proprietorships comprise:  (i) Unlimited liability. (2) Extreme government regulation. (3) Limited

  • Q : Substitution effects resulting from

    The Law of Demand mainly relies heavily on the: (1) Buying power consequences of relative price modifications. (2) Substitution effect resultant from the relative price changes. (3) Increase in opportunity costs as income is worn out. (4) Principle of the non satiety.

  • Q : Produce output by profit-maximizing

    Unless this chooses to shut down since demand never exceeds average variable costs, in that case a profit-maximizing monopolist makes output where: (i) marginal revenue equals marginal costs [MR = MC]. (ii) marginal revenue minus marg

  • Q : Reason of existence of firms Can

    Can someone please help me in finding out the accurate answer from the following question. The primary reasons for the existence of firms would not comprise: (1) Collecting sales taxes for government. (2) Entrepreneurial drives for the potential gains. (3) Cutting tra