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CHAPTER 22 The Costs of Production
fulkineconomics.weebly.com347 CHAPTER 22 The Costs of Production A. Short-Answer, Essays, and Problems 1. Why are costs important in economics? Why don’t economists use the same cost data as accountants use? 2. What is the real cost of putting an unemployed laborer to work raking leaves or digging holes and refilling them during a serious depression? Explain. 3.