Economics Dictionary of ArgumentsHome
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| Costs of Production - Economics Dictionary of Arguments | |||
| Costs of production: Costs of production in economics refer to the expenses incurred by businesses to produce goods and services. These include fixed costs (e.g., rent, equipment) and variable costs (e.g., labor, raw materials). Total production costs affect pricing decisions, profitability, and supply in the market. Efficient management of production costs is crucial for business sustainability and competitiveness. See also Costs, Production, Factors of production, Production structure, Prduction theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Rothbard, Murray N. | Costs of Production | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-20 | |||
