A. there is at least one fixed factor
B. all costs of production must be covered
C. the output cannot be varied
D. current output is not profitable
Correct Answer:
Option A – there is at least one fixed factor
A. there is at least one fixed factor
B. all costs of production must be covered
C. the output cannot be varied
D. current output is not profitable
Correct Answer:
Option A – there is at least one fixed factor
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