anonymous
  • anonymous
Bob gives up his factory job in order to open a bait-and-tackle shop. The earnings from his factory job represent: A) the hourly wage paid by the shop B) the marginal cost of running the shop C) the average cost of running the shop D) a fixed cost that can vary in the long run E) an implicit cost of opening the shop
OCW Scholar - Principles of Microeconomics
jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
D) A fixed cost that can vary in the long run.

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