the sum of costs incurred by a business in producing goods or services.
| 单词 | θ221184 |
| 释义 | society > trade and finance > management of money > expenditure > [noun] > expenses > of production or manufacturing (5) cost of production1815 the sum of costs incurred by a business in producing goods or services. unit cost1902 the cost of producing or purchasing one item of manufacture, calculated by dividing the total expenditure by the total number of items. factor cost1936 the aggregate cost of production. variable cost1953 (see quot. 1974). Subcategories:— estimation of (1) |
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