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Fixed-cost fallacy. consideration of costs that do not vary with the consequences of your decision (also known as sunk-cost fallacy). In other words, you consider irrelevant costs. A common example of this is to let overhead or depreciation costs influence short-run decisions. Hidden-cost fallacy.
The fixed-cost fallacy occurs when: a. a firm considers irrelevant costs. b. a firm ignores relevant costs. c. a firm considers overhead or depreciation costs to make short-run decisions. d. both a and c.
The fixed-cost fallacy occurs when a. a firm considers irrelevant costs. b. a firm ignores relevant costs. c. a firm considers overhead or depreciation costs to make short-run decisions. d. both a and c.
Question: QUESTION 1 The fixed-cost fallacy occurs when a. A firm considers sunk costs in making decisions b. A firm ignores relevant costs c. A firm considers overhead or depreciation costs in making decisions d.
【Solved】Click here to get an answer to your question : The fixed-cost fallacy occurs when Select one: a. A firm considers sunk costs in making decisions b. A firm ignores relevant costs c.
The fixed-cost fallacy occurs when a. a firm considers irrelevant costs. b. a firm ignores relevant costs. c. a firm considers overhead or depreciation costs to make short-run decisions. d. Both a and $c$
The fixed-cost fallacy occurs when a. a firm considers irrelevant costs. b. a firm ignores relevant costs. c. a firm considers overhead or depreciation costs to make short-run decisions. d. Both a and $c$
