[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 . 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 . A) In the long run the average total cost curve is always downward sloping. B) In the long run the quantities of all inputs are fixed. C ) In the long run the firms fixed costs are greater than its variable costs . D) In the long run all costs are variable costs. E ) In the long run the total variable cost equals the total fixed cost . a. long - run total cost cannot exceed short- run total cost b . long - run and short- run total costs are equal when fixed costs are lar...

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