QQuestionEconomics
QuestionEconomics
Multiple Choice
IP is characterized by significant ___________ costs and very low ___________ costs.
development; development
marginal; actual
development; marginal
marginal; developmental
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Answer
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Step 1
Step 2: Identify the types of costs in the given statement.
The two types of costs mentioned are development costs and marginal/actual costs.
Final Answer
IP is characterized by significant development costs and very low marginal costs.
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