Should these very large fixed costs be ignored when the
For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run.
Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?
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for many corporations such as utility companies a major portion of the cost of production is fixed in the short
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in many ways our educational system has taught us to look for the one right answerwhile this may be ok for some
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