Q.

Selling cost means:

A. Cost of selling a product
B. Cost incurred in transportation
C. Cost Incurred in advertisement
D. Cost Incurred on fact ors of production
Answer» C. Cost Incurred in advertisement
Explanation: Selling cost is total cost of marketing, advertising, and selling a product. It differs from the production cost which is incurred to produce goods. Selling cost influences the commercial desire to purchase a commodity.
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Economics (GK)

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