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Production costs are determined not only by the prices of inputs, but also by _______. a. intangibles c. competition b. technology d. consumer needs Please select the best answer from the
choices provided
{b. technology} Production costs are determined not only by the prices of inputs, but also by technology.
Expert answered|Giana|Points 890|
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Asked 9/21/2012 6:31:33 AM
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The North Korean government owns all property and all economic output. Almost all imports are banned, and production of goods and services by foreign companies is forbidden. This would be an example of a free enterprise economy. true or false?
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