| 单词 | factor cost |
| 释义 | factor cost factor cost noun [C,U]
(Economics ) the cost of producing goods and services based on the cost of what is needed to produce it, such as labour, land and ⇨ CAPITAL: It is preferable to measure the value of total output at factor cost rather than in market prices. The country's high factor costs are an obstacle to foreign investment. |
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