The Cost of Producing Goods and Services Includes

Multiple Choice

The cost of producing goods and services includes:

A) only the cost of the factors of production used to produce output.
B) the cost of factors of production and depreciation but excludes sales tax.
C) the cost of factors of production, depreciation, and other production-related taxes.
D) the cost of the inputs used to produce the product, all production-related taxes, and profit.