Question

In the short run, the costs associated with variable inputs are _____, and the costs associated with _____ inputs are _____. variable;
fixed;
fixed fixed;
fixed;
fixed variable;
fixed;
variable fixed;
fixed;
variable

Answer 1

Answer:fixed

Explanation: In the short run the rate at which some input being used are fixed and costs associated with these fixed inputs must be incurred regardless of the level of output produced. Other costs do different with the level of output produced by the firm during that period.