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28 June, 20:22

9. An expenditures incurred on factors of production

A, cost

B, input

C, fixed input

D, variable input

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Answers (1)
  1. 28 June, 20:31
    0
    A) cost

    Explanation:

    In economics, the cost of production is defined as the expenditures incurred to obtain the factors of production.
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