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  3. Study Set
    Managerial Economics
  4. Exam
    Exam 9: Applications of Cost Theory
  5. Question
    The Primary Disadvantage of Engineering Methods for Measuring Cost Functions
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The Primary Disadvantage of Engineering Methods for Measuring Cost Functions

Question 18

Question 18

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The primary disadvantage of engineering methods for measuring cost functions is that they deal with the managerial and entrepreneurial aspects of the production process or plant.

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