| 词汇 | factor-of-production |
| 释义 | factor of production noun[ C ] ukuspluralfactors of production ECONOMICS, PRODUCTION something that is needed in order to make a particular product, for example labour, land, or materials: It needs to be recalled that, of all the factors of production, labour is the least mobile. Examples of factor of productionfactor of production Total cost in economics includes the total opportunity cost of each factorofproduction as part of its fixed or variable costs. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If an industry uses an appreciable amount of that factorofproduction, an increase in the output of that industry will exhibit increasing costs. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The theory makes the most sense under assumptions of constant returns to scale and the existence of just one non-produced factorofproduction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It expresses the view that people should not be treated like inanimate commodities, capital, another mere factorofproduction, or resources. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The prices for factorofproduction depends upon demand and supply of that particular factorofproduction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Entrepreneurship is also sometimes considered a factorofproduction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These act as a cheaper factorofproduction than is available to factories in richer countries. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A fixed factorofproduction is one whose quantity can not readily be changed. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Sometimes the overall state of technology is described as a factorofproduction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Hence the after-tax payments to each factorofproduction would be the same in both sectors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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