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Which of the following would not be a reasonable suggestion for reviewing the Statement of Financial Condition?
Input
Resources or factors used in the production process of goods and services, such as labor, capital, and materials.
Production Function
A mathematical model that describes the output generated from combinations of inputs, such as labor and capital.
Expensive
Having a high price or cost, often relative to the value or affordability for the buyer.
Input
Refers to any resource or factor that is used in the generation of goods or services in a production process. (Duplicate rephrase)
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