The cost of the factors used in production. The term is used especially when the value of economic activity in a sector or an economy can be measured or valued either at "factor cost," adding up payments to factors, or at "market value or market price," adding up revenues from goods sold.
Related information about factor cost:
- Factor cost - Wikipedia, the free encyclopedia
Factor cost has the following uses in economics: Factor cost or national income by type of income is a measure of national income or output based on the cost of ...
- What is factor cost? definition and meaning
Definition of factor cost: Total cost of all factors of production consumed or used in producing a good or service.
- factor cost - definition of factor cost by the Free Online Dictionary ...
(Economics) (in social accounting) valuation of goods and services at their overall commercial cost, including markups but excluding indirect taxes and ...
- marginal factor cost - AmosWEB
The change in total factor cost resulting from a change in the quantity of factor input employed by a firm. Marginal factor cost, abbreviated MFC, indicates how ...
- Articles about Factor Cost - Economic Times
Factor Cost News. Find breaking news, commentary, and archival information about Factor Cost From The Economic Times.
- Gross value added at factor cost (current US$) | Data | Table
Gross value added at factor cost (current US$). Gross value added at factor cost ( formerly GDP at factor cost) is derived as the sum of the value added in the ...
- Glossary:Value added at factor cost - Statistics Explained
May 27, 2010 ... Value added at factor cost is the gross income from operating activities after adjusting for operating subsidies and indirect taxes. It is an ...
- United States - gross value added at factor cost
United States - gross value added at factor cost. Gross value added at factor cost (current US$). The latest value for Gross value added at factor cost (current ...