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    Managerial Economics and Business Strategy Study Set 1
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    Exam 5: The Production Process and Costs
  5. Question
    The Costs of Production Include
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The Costs of Production Include

Question 106

Question 106

Multiple Choice

The costs of production include:


A) the costs that appear on the income statements.
B) the opportunity costs foregone by producing a given product.
C) accounting costs.
D) accounting costs and opportunity costs.

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