Question
Which of the following is a cost of production? Select the two correct answers. (1 point) Responses improving processes improving processes buying raw materials buying raw materials spending time working spending time working paying property taxes paying property taxes choosing the best products
Answers
GPT-4o mini
The two correct answers that are costs of production are:
1. Buying raw materials
2. Paying property taxes
These are both direct costs associated with producing goods or services.
1. Buying raw materials
2. Paying property taxes
These are both direct costs associated with producing goods or services.