Which of the Following Costs Would Be Included in Value-Chain

question 16

Multiple Choice

Which of the following costs would be included in value-chain product costs?

• A) research and development
• B) production
• C) customer service
• D) all of these

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Definitions:

Payroll Tax

Assessments required from employers or their employees, usually expressed as a percentage of the remuneration that staff earn.

Federal Income Taxes

Taxes levied by the national government on individual and business earnings.

Married Couple

A legally recognized union between two individuals, typically involving a public declaration of commitment.

Transfer Payments

Payments made by governments to individuals or other sectors in the economy, typically without any goods or services being received in return.