factor cost


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factor cost

n
(Economics) (in social accounting) valuation of goods and services at their overall commercial cost, including markups but excluding indirect taxes and subsidies
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The largest share of the total value added at factor cost was achieved by the enterprises in the Manufacturing sector (26.
We are now measuring GDP by market prices instead of factor cost to take into account gross value addition in goods and services as well as indirect taxes.
Growth in GDP at factor cost at constant (2004-05) prices (real GDP) for the first quarter (Q1) of 2014-15 is estimated to be 5.
In the second quarter results that were recently released, there is a big difference in the growth rate between GDP at factor cost and GDP at market price.
GDP at factor cost at constant (2004-05) prices in the year 2009-10 is now estimated at 44,640.
2] In one or more input markets, including the labor market, the firm is assumed to perceive that a rising supply price causes marginal factor cost to exceed average factor cost.
9) Similarly, in a centrally planned economy, should we use some adjusted factor cost prices as the benchmark or use shadow prices based on input-output tables?
The first called simply net national product at factor cost, is evaluated as
The report highlights some of the following points - Why BPO is gaining ground in INDIA:, Factor Cost Advantage, Economy of Scale, Business Risk Mitigation, Superior Competency, Utilization Improvement, Some of the benefits out of Business Process Outsourcing are:, Low transition period, higher efficiency, Execution of projects through Business Expertise, Advance analysis of your requirements, Setting up your outsourcing strategy, Hiring of professionals with domain expertise, Standardizing project specific knowledge process, Flawless performance commitment, Time bound delivery management , Business level project management, 24/7 days support , Superior communications , Ensure easy business services.
Services constitute a 57 per cent share in GDP at factor cost (at current prices) in 2013-14, an increase of 6 percentage points over 2000-01.
The ministry of statistics and programme implementation is worried over that GDP growth at market prices may be lower than GDP growth at factor cost
Growth in real GDP (GDP at factor cost at constant (2004-05) prices) for the first quarter (Q1) of 2012-13 is placed at 5.