ECONOMICS,PRODUCTIONthepriceof something that you need to make aproduct, forexamplebuildings,materials, orlabour:Theintroductionof newtechnologieshad ahugeeffectonfactorprices.(Definition offactor pricefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoffactor price
factor priceSimply put,factorpriceis why the price of an item tends to approach the cost of producing it.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These perturbed riskfactorpricescenarios are used to generate a profit (loss) distribution for the portfolio.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In the absence of trade barriers, even when factors are not mobile, there is a tendency towardfactorpriceequalization.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.On a net basis, long-run wages have risen and-from thefactorpricefrontier-interest rates have fallen compared to the old steady state.From theCambridge English CorpusUsing this fact, equation (46) follows from thefactorpricefrontier and the definition of qt . 24.From theCambridge English CorpusThe first two of these optimality conditions simply state that the marginal cost of producing good i equals thefactorpricedivided by its marginal product.From theCambridge English CorpusThat is, with two sectors andfactorpriceequalization, there is no need for an equality between the pair of domestic capital-labor ratios in either the short or long run.From theCambridge English CorpusThere has been much debate as to what determines factor prices.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Firms buy productive resources in return for making factor payments at factor prices.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Crucially these assumptions result in factor prices being equalized across countries without the need for factor mobility, such as migration of labor or capital flows.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.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.#https://dictionary.cambridge.org//dictionary/english/factor-price##
