In 2009, Gulf Airlines, which was making a loss, said that it would cut the number of new aircraft it had ordered. If it did so, which of its costs would be directly influenced?
- Afixed costs
- Bmarginal costs
- Copportunity costs
- Dvariable costs
Economics 0455 · IGCSE · Firms’ costs, revenue and objectives
In 2009, Gulf Airlines, which was making a loss, said that it would cut the number of new aircraft it had ordered. If it did so, which of its costs would be directly influenced?