Question

Production costs are determined not only by the prices of inputs, but also by _______.

a. intangibles
c. competition
b. technology
d. consumer needsProduction costs are determined not only by the prices of inputs, but also by _______.
a. intangibles
c. competition
b. technology
d. consumer needs

Answer 1

Production costs are determined not only by the prices of inputs, but also by
B) technology