Production Costs
Production Costs is the economic construct representing the total monetary expenses incurred by a firm in acquiring and utilizing the factors of production—such as labor, capital, raw materials, and intermediate inputs—necessary for the creation of goods and services, distinguished from other cost categories by its direct association with the physical transformation process and its influence on optimal firm location decisions and the incidence of producer taxes within spatial and market equilibrium models.
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Variants
Cost Of Production
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Douglass C. North · The Journal of Economic Perspectives · 1991 · 5K citations
Social Sciences, Economics, History +11
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Pennsylvania State University
State College, United States
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69 publications
2.8K citations

National Bureau of Economic Research
Cambridge, United States
23 h-index
40 publications
3.9K citations
University of California, Berkeley
Berkeley, United States
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47 publications
6.1K citations
University of Florida
Gainesville, United States
20 h-index
73 publications
2.4K citations
Carnegie Mellon University
Pittsburgh, United States
20 h-index
57 publications
4.3K citations
Stanford University
Stanford, United States
20 h-index
37 publications
5.1K citations
Wageningen University & Research
Wageningen, The Netherlands
19 h-index
61 publications
6.6K citations
University of California, Davis
Davis, United States
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47 publications
2.9K citations
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Repository · 55 publications · 3K citations
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Repository · 86 publications · 2.4K citations
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