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A Winery Owns Hundreds of Acres of Grape Vineyards

Question 46

Multiple Choice

A winery owns hundreds of acres of grape vineyards. The grape vines are tended and manually picked by a large staff of workers. Which of the following best describes the cost of this type of production setup?


A) low initial cost, low operating cost
B) low initial cost, high operating cost
C) high initial cost, low operating cost
D) high initial cost, high operating cost

Correct Answer:

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