difference between selling cost and production cost?
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According to Chamberlin, cost of production includes all those expenses which are incurred to manufacture and provide a product to the consumer to meet his given demand or want, while the selling costs are those which are incurred to change, alter or create the demand for a product.
Answered by
2
Answer:
According to Chamberlin, cost of production includes all those expenses which are incurred to manufacture and provide a product to the consumer to meet his given demand or want, while the selling costs are those which are incurred to change, alter or create the demand for a product
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