| 单词 | factor cost |
| 释义 | > as lemmasfactor cost factor cost n. Economics the aggregate cost of production. ΘΚΠ society > trade and finance > management of money > expenditure > [noun] > expenses > of production or manufacturing cost of production1815 unit cost1902 factor cost1936 variable cost1953 1936 J. M. Keynes Gen. Theory Employment iii. 24 The aggregate income (i.e. factor cost plus profit) resulting from a given amount of employment. 1941 Economist 12 Apr. 489/2 There are two methods of valuation: the first at factor cost (that is, at what it costs to produce this output), the second at market prices. 1956 F. Lafitte in A. Pryce-Jones New Outl. Mod. Knowl. 579 Factor-cost measurement gives a true indication of the amount of real economic resources appropriated by State ‘consumption’ services. 1971 E. Afr. Jrnl. Mar. 17/1 In 1963, agriculture, forestry and fishing contributed 8·2% of gross domestic product at factor cost. 2012 B. Schmitt in C. Gnos & S. Rossi Mod. Monetary Macroeconomics ii. iii. 89 Apart from profits, national income is equal to factor cost. When profits are added on, it means that the value of national output exceeds its factor cost. < as lemmas |
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