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Factor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence
Factor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence
Factor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence
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Factor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence

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About this ebook

What is Factor Cost


Factor cost or national income by type of income is a measure of national income or output based on the cost of factors of production, instead of market prices. This allows the effect of any subsidy or indirect tax to be removed from the final measure.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Factor cost


Chapter 2: Labour economics


Chapter 3: Microeconomics


Chapter 4: Natural monopoly


Chapter 5: Perfect competition


Chapter 6: Opportunity cost


Chapter 7: Marginal revenue productivity theory of wages


Chapter 8: Profit maximization


Chapter 9: X-inefficiency


Chapter 10: Marginal cost


Chapter 11: Pigouvian tax


Chapter 12: Organic composition of capital


Chapter 13: Output (economics)


Chapter 14: Consumption of fixed capital


Chapter 15: Heckscher-Ohlin model


Chapter 16: Prices of production


Chapter 17: Production (economics)


Chapter 18: Profit (economics)


Chapter 19: Factor market


Chapter 20: Surplus value


Chapter 21: Transfer pricing


(II) Answering the public top questions about factor cost.


(III) Real world examples for the usage of factor cost in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Factor Cost.

LanguageEnglish
Release dateApr 15, 2024
Factor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence

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