What are arguments for using real per capita g ni

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Q. What are the arguments for using real per capita G NI to compare living standards between countries? What weakness does this measure have?

Q. Which of the following is incorrect?
A. Total fixed cost does not change with output in the short run.
B. Fixed costs exist only in the short run.
C. Total fixed cost must be added to total variable cost to determine total cost.
D. Total fixed cost equals total variable cost in the long run.

Reference no: EM1361312

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