[Answer] Which of the following statements is​ true?A. In the long​ run the total variable cost equals the total fixed cost.B. In the long​ run the quantities of all inputs are fixed.C. In the long​ run the average cost curve is always downward sloping.D. In the long​ run all costs are variable costs.E. In the long​ run the​ firms' fixed costs are greater than its variable costs.

Answer: In the long​ run all costs are variable costs.

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Which of the following statements is​ true?A. In the long​ run the total variable cost equals the total fixed cost.B. In the long​ run the quantities of all inputs are fixed.C. In the long​ run the average cost curve is always downward sloping.D. In the long​ run all costs are variable costs.E. In the long​ run the​ firms' fixed costs are greater than its variable costs. A. In the long run the total variable cost equals the total fixed cost. B . In the long run the quantities of all inputs are fixed. C . In the long run the average cost curve is always downward sloping. D . In the long run all costs are variable costs. E . In the long run the firms fixed costs are greater than its variable costs . A) In the long run the firmsʹ fixed costs are greater than its variable costs . B) In the long run the total variable cost equals the total fixed cost . C) In the long run the quantities of all inputs are fixed . D) In the long run the average cost curve is always downward sloping. E) In the long run all costs are variable costs . The average fixed cost curve slopes downward due to a) diminishing marginal utility. b) diminishing marginal returns. ... equal to long - run total fixed cost minus long - run variable cost . e) equal to short- run total cost . A. ... Which one of the following statements is not true of firms ? a) Firms and markets are institutions for coordinating ... a. marginal cost always exceeds its average total cost b . total cost curve is horizontal c. average total cost curve is downward sloping d .marginal cost curve must lie above the firms average total cost curve . ... in a long run equilibrium the marginal firm has. 19) Which of the following statements is true ? 19) _____ A) In the long run the average cost curve is always downward sloping. B) In the long run all...

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