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IB
Question Practice

Which factor generally contributes to lower production costs in a country?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
International Business
Question Bank

Which factor generally contrib...

Single Answer MCQ
Q-00065194

Which factor generally contributes to lower production costs in a country?

1

High taxation rates

2

Greater availability of skilled labor

3

Heavy regulation of businesses

4

Limited access to technology

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