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MICROECONOMICS CH : 8 CONCEPTS OF COST — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 8 CONCEPTS OF COST2 Marks
Question
Can there be some fixed cost in the long run? If not, why?
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Answer

No, because all costs are variable costs in the long run and no factor is a fixed factor in the long run.

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