Fixed Costs Exist Only In Quizlet. The salary of general manager who controls all the segments. Both fixed and variable costs exist in the short run true false.
Is a price taker 3. For example, a software development company. in order to minimize the cost of producing a given level of output , a firm manager should use more inputs when :
Fixed Costs Definition
Stated differently, an opportunity cost. The distinction between the short run and the long run. in the long run: fixed costs remain the same from month to month while variable costs are always tied to production levels and can vary based on current production.
