Question

what is cost of production??​

Answer 1

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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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Answer 2

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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