Economy, asked by roshni020, 5 months ago

explain various concept of cost of production​

Answers

Answered by Anonymous
2

Answer:

Cost of production refers to the total cost incurred by a business to produce a specific quantity of a product or offer a service. Production costs may include things such as labor, raw materials, or consumable supplies.

Explanation:

hope this helps you

Answered by smarty928
1

Answer:

Cost of production refers to the total cost incurred by a business to produce a specific quantity of a product or offer a service. Production costs may include things such as labor, raw materials, or consumable supplies.

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