Explain what happens to most fixed costs over the long run

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Question: Short-run costs are characterized by fixed costs. Explain what happens to most fixed costs over the long run. Why does this occur? Think outside the box and text, etc., in your response to the following: Set forth an example of one fixed cost that may very well remain fixed over the long run, and explain why it is a long-run fixed cost.

Reference no: EM133380802

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