单词 | cost of production |
释义 | > as lemmascost of production cost of production n. Business the sum of costs incurred by a business in producing goods or services. ΘΚΠ society > trade and finance > management of money > expenditure > [noun] > expenses > of production or manufacturing cost of production1815 unit cost1902 factor cost1936 variable cost1953 1815 T. R. Malthus Inq. Nature & Progress Rent 2 The immediate cause of rent is obviously the excess of price above the cost of production at which raw produce sells in the market. 1868 J. E. T. Rogers Man. Polit. Econ. ii. 7 The aggregate amount of labour expended on objects and services is called the cost of production. 1909 Chem. Engineer 10 155/2 The costs of production are low when compared to those of other mining industries. 1968 Lima (Ohio) News 19 May e7/8 The cost of production does not determine the demand, for demand is in the mind of the buyer, while cost of production is a concern of the seller. 2012 A. James Fairness in Pract. ix. 294 You have a lower cost of production than your neighbor..so you sell at a cheaper price. < as lemmas |
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