词汇 | factor-price |
释义 | factor price noun[ C ] ukus ECONOMICS, PRODUCTION the price of something that you need to make a product, for example buildings, materials, or labour: The introduction of new technologies had a huge effect on factor prices. Examples of factor pricefactor price Simply put, factorprice is why the price of an item tends to approach the cost of producing it. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These perturbed risk factorprice scenarios are used to generate a profit (loss) distribution for the portfolio. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In the absence of trade barriers, even when factors are not mobile, there is a tendency toward factorprice equalization. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. On a net basis, long-run wages have risen and-from the factorprice frontier-interest rates have fallen compared to the old steady state. Using this fact, equation (46) follows from the factorprice frontier and the definition of qt . 24. The first two of these optimality conditions simply state that the marginal cost of producing good i equals the factorprice divided by its marginal product. That is, with two sectors and factorprice equalization, there is no need for an equality between the pair of domestic capital-labor ratios in either the short or long run. There has been much debate as to what determines factor prices. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Firms buy productive resources in return for making factor payments at factor prices. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Crucially these assumptions result in factor prices being equalized across countries without the need for factor mobility, such as migration of labor or capital flows. 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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