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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1274372
Introduction to Economics 1 Deneme Sınavı Sorusu #1274372
If the quantity that a firm produces is 0, and there are two rents that the firm has to pay even when there is no production: a rent of 250 for the offices and a rent of 1300 for the factory where production will happen, the profit of the firm is:
|
0 |
|
1550 |
|
1050 |
|
-250 |
|
-1550 |
Yanıt Açıklaması:
The rents of the firm are fixed costs, for both of which the firm must pay 1300+250=1550. As the firm has not yet started production its revenue is 0 and the profit is =0-1550= -1550.
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