factor of production

collocation in English

meaningsoffactorandproduction

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withfactor.
factor
noun[C]
uk
/ˈfæk.tər/us
/ˈfæk.tɚ/
a fact or situation that influences the result ...
See more atfactor
production
noun
uk
/prəˈdʌk.ʃən/us
/prəˈdʌk.ʃən/
the process of making or growing goods to ...
See more atproduction

(Definition offactorandproductionfrom theCambridge English Dictionary© Cambridge University Press)

Examplesoffactor of production

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Total cost in economics includes the total opportunity cost of eachfactorofproductionas part of its fixed or variable costs.
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If an industry uses an appreciable amount of thatfactorofproduction, an increase in the output of that industry will exhibit increasing costs.
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The theory makes the most sense under assumptions of constant returns to scale and the existence of just one non-producedfactorofproduction.
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It expresses the view that people should not be treated like inanimate commodities, capital, another merefactorofproduction, or resources.
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The prices forfactorofproductiondepends upon demand and supply of that particularfactorofproduction.
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Entrepreneurship is also sometimes considered afactorofproduction.
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These act as a cheaperfactorofproductionthan is available to factories in richer countries.
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A fixedfactorofproductionis one whose quantity can not readily be changed.
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Sometimes the overall state of technology is described as afactorofproduction.
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Hence the after-tax payments to eachfactorofproductionwould be the same in both sectors.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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See other collocations withfactor