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<p>The cost of production is very complex equation that drive business future projection and profitability but most business leaders make many assumptions when it comes to identify cost of production elements with varying tendency when separating cost items as fixed, variable and overhead cost. What do you think these varying perception about cost of production to the business future going concern and its competitive edge in the market??</p>
You are right. It was error and the question relates with Cost Accounting. not Insurance.
The cost of production is not related to the specialization of Insurance
