Question: Factor conditions aren value creation, P-C is an equation for what? a. The price per unit. b. The cost of production per unit. c. The

Factor conditions aren value creation, P-C is an equation for what? a. The price per unit. b. The cost of production per unit. c. The profit per unit sold. d. The consumer surplus per unit. elements a country's economy can create itself (e.g., infrastructure; skilled labor; innovation). True False

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