Question

    Which cost concept includes the value of human labor,

    seeds, fertilizers, and interest on working capital used in farm management?
    A Cost B1 Correct Answer Incorrect Answer
    B Cost A1 Correct Answer Incorrect Answer
    C Cost C2 Correct Answer Incorrect Answer
    D Cost A2 Correct Answer Incorrect Answer

    Solution

    Cost A1 encompasses various factors like human labor, seeds, fertilizers, interest on working capital, among others, in farm management studies by the CACP.

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