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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As for factor costs, the comprehensive costs of production factors including water, electricity, natural gas, land, labor force, etc.
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Selecting four key international corridors in West, Central, East, and Southern Africa that connect ports of entry and exit to the hinterland, the study analyzes such factors as road network quality and coverage; factor costs such as fuel, labor, and equipment; market economics, including regulation, companies' organization, and transport and trade procedures and their impacts on transport prices and tariffs incurred by end users; transport costs incurred by commercial transport providers; and vehicle operating costs.
Because demand is diminishing and factor costs are high, no incentive exists to make the investments needed to put the facility costs back into the second phase or certainly into the first phase.
This issue is addressed in calculating adjusted factor costs for the Soviet economy.
We say that we want health care coverage for everyone and that we want the best health care in the world, but we have not been willing to factor costs or rationing into any of the equations.
Global competitors, including new players who establish manufacturing operations in emerging Asian economies and benefit from the lower factor costs of production in these regions, are anticipated to have a significant impact on the competitive landscape of the this industry in years to come.
During this time, a significant portion of the savings will be reinvested in initiatives to reach and keep more customers, and offset rising factor costs.