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: A change in quantity demanded describes a behavioral response to a price change, in accordance with the law of demand. Sunk Cost and Future Cost 2. Key Terms . : You have fixed costs, you have variable costs, and you have profit margins. We were for cutting down the cost of production. As we move from Point A to Point B, to gain 10 more units of butter, we only give up 5 guns. The application of intelligent truck dispatch system is an effective method to reduce the, 22. Malcolm, John THE GWEN JOHN SCULPTURE. As companies compete vigorously, prices fall to just above the 5. Cost reduction is the process of identifying and implementing ways to reduce the opex and capex of a business. At the cost of definition: at the expense of losing | Meaning, pronunciation, translations and examples : In their third production of the 1955 Stratford season, Olivier played the title role in Titus Andronicus, with Leigh as Lavinia. Copyright © 2016 sentencedict.com All Rights Reserved Contact. 1. The cost of initial building and then the cost of taking down and disposing of a nuclear plant should make nuclear production cost-prohibitive. Sunk Cost and Future Cost: It has delighted in the production of extremes. : In fact, as the business grows and increases its fixed costs, its operating profit margins are likely to suffer in the short run. How to use cost in a sentence. Examples of on-cost in a sentence, how to use it. 91 examples: Because cost price calculations were available for the period 1887 to 1897, it… 39+2 sentence examples: 1. Its trade is not large, however, owing to the costs of transportation. Examples of cost price in a sentence, how to use it. Over - production is seriously unbalancing the EEC economy. Please figure out the total cost. The aim of art is the production of repose. 2. All production involves a cost. Factors of production are the inputs needed for the creation of a good or service. Private Cost and Social Cost 8. : However, he said the hotel business had changed over the past decade, with fixed costs a growing concern. 02. of 08. 3. USD 2,000 fixed costs + USD 1,000 variable costs). Keen argues that all factors of production can add new value to outputs. Things exchange for each other according to their cost of production Money Cost and Real Cost 7. Copyright © 2016 sentencedict.com All Rights Reserved Contact. Prices of goods are governed by the cost of the raw materials, as well as by the, 18. production possibility frontier in a sentence - Use "production possibility frontier" in a sentence 1. 3. There is also a limited production of grains. The resources used in producing a good and service are the real costs of that product. means the allocable cost of production for the ML&P BRU Gas using all necessary capital costs and operating and maintenance expenses associated with the BRU Interest. More important, Commerce examines comparison - market prices to determine are below the full. 25 examples: Given the cost—and there will be a huge on-cost—does anyone seriously think… At the same time, the receiving slug only needs to install a receiving coil for reducing the structure of the slug and decreasing the, 36. 7. They reduced the cost of production, so as to fetch down the price of the products. 31. They finally had enough revenues to cover their fixed costs and marketing expenses. Actual Cost 3. 1. Turnover tax refers to a tax on the gross revenue of a business, while a VAT refers to a tax levied on the difference between a commodity's price before taxes and its, 30. The portion of whole units that are complete with respect to materials or conversion costs. If you are producing 1 million units a month a $0.20 unit cost reduction is $200,000 a month. economic cost: The accounting cost plus opportunity cost. Sentencedict.com is a online sentence dictionary, on which you can find nice sentences for a large number of words. (high, huge, increasing, rising, soaring) " We are looking for low costs. At the peak of efficiency, the marginal, 9. These limits would be based on the cost of power production. Listen to all | All sentences (with pause) Used with adjectives: " The man noticed the high cost of food. Work centers for processing in a just in time system. 2. just-in-time processing. Random good picture Not show. 21. How to use at the cost of in a sentence. In some industries, cost per unit falls on a quarterly basis and firms must continually find cost reductions to remain competitive. How to use production in a sentence. production accounting in a sentence - Use "production accounting" in a sentence 1. 2. And growers are only going to take precision farming on board if it can reduce the unit, 19. If this is incorporated into the total production cost, rice production per tonne will be much higher. Keen argues that all factors of production can add new value to outputs. At the cost of definition is - by giving up or hurting (something else). share | improve this question | follow | asked Mar 3 '16 at 10:18. The local Pegmatite was introduced into the body mud of stoneware basing on research, analysis, and process test. Selling Cost 9. Subsidies----Payments from the government that make the cost to the buyer lower than the marginal, 39. 2. 2. The following are common types of cost reduction. 2. Again, let’s say you managed to sell 200 burgers in your first month. 3. 20. (low, minimal, falling) " Please give me the full cost of the work. That is, they have to be paid even if there is no production output at all. Opportunity cost will increase because as more and more shelter is produced, labor and capital that is highly productive at producing food is being shifted to shelter production, and so more and more food is being given up to produce a unit of shelter. In a free market economy, firms use cost curves to find the optimal point of production (to minimize cost). Production costs definition: the costs used in manufacturing a product | Meaning, pronunciation, translations and examples The following are common types of cost … Production run definition: all of the processes necessary to manufacture a certain product etc | Meaning, pronunciation, translations and examples Implicit Cost 6. The workers'enthusiasm for production ran unprecedentedly high. Read more… Like so many paper mills, the economics of scale keep increasing so as to keep down production costs. An economy that operates at the frontier has the highest standard of living it can achieve, as it is producing as much as it can using the same resources. 9. The first is that, as their income rises, the marginal cost of providing services goes up. Focuses on reducing time, cost, and poor quality within the process. It's difficult to see total production cost in a sentence . 2. The CAPP system of rotative parts is designed and spacial consideration given to correct use rate of machine tools in the design of the CAPP system is discussed so that, 29. Example sentences with the word production. Maximizing firms use the curves to decide output quantities to achieve production goals. A movie studio will employ production accounting to track the costs of its many separate projects. The total cost was $10, 000, plus 14% interest. Production costs refer to the costs incurred by a business from manufacturing a product or providing a service. grammaticality. 3. production example sentences. As companies compete vigorously, prices fall to just above the marginal, 25. : This model permits simple cost-benefit analysis in the context of the criminal decision making process. In 1989 the price of coffee fell so low that in many countries it did not even cover the, 17. There are a number of different types of costs of production that you should be aware of: fixed costs, variable costs, total cost, average cost, and marginal cost. It is conventionally contrasted with such other factors of production as capital. This concept is similar to an economy's being below the production possibilities frontier. Strikers brought production to a standstill. 39+2 sentence examples: 1. When do we use cost and costs in a sentence? Subsidies----Payments from the government that make t We will look at each of them in more detail below. They finally had enough revenues to cover their fixed costs and marketing expenses. The production was popular, despite poor reviews, but the expensive production did little to help the finances of Laurence Olivier Productions. 1. We should try to diminish the cost of production. Short Example Sentence for Production Of . Bdab09 Bdab09. It is conventionally contrasted with such other factors of production as capital. Cost curves – a graph of the costs of production as a function of total quantity produced. So it is important for the sericultural farmer to adopt silkworm rearing techniques for saving labour and reducing the labour. Opportunity Cost 4. Downsizing the work force is the better way to cut down the cost of production. Maximizing firms use the curves to decide output quantities to achieve production goals. First, adopt factory self-restraint soluble glass to save, 15. 0. cost of power production in a sentence - Use "cost of power production" in a sentence 1. (full, overall, total) " The added cost is … Rice is the staple production of the soil. Example sentences with the word costs. 4. Farmers are businessmen and since wages constitute a, 8. A stint on the business side of Warner Brothers followed, and he is currently involved in production accounting for the television industry. factors of production in a sentence - Use "factors of production" in a sentence 1. In that case, your total costs of running your burger restaurant add up to USD 3’000 (i.e. Economic Lot Scheduling Problem (ELSP) is the production scheduling problem that a single facility manufactured multiple products in order to minimize the total, 23. indirect expenses incurred in production and provision of service by an enterprise is to be allocated into the, 24. Let's examine different measures of production cost. Total cost in a sentence up(0) down(0) Sentence count:141+4 Only show simple sentencesPosted:2017-05-30Updated:2017-05-30. :In perfect competition, the sales price will be just slightly more than the total production cost. Things exchange for each other according to their, 5. 2. Marginal cost is the incremental cost on producing one more unit. This increased complexity in the mechanism of production is not, however, the central point of importance. I am currently writing a recommendation for the transfer. "It's way above the marginal, 20. This explains the bowed-out shape of the production possibilities frontier. A residence in cold, damp, unhealthy situations leads to their production in many instances. Production will reach an all-time high. : Darlington considers a 1951 production of Othello starring Orson Welles as the pick of Olivier's productions at the theatre. 4. Unit Cost Unit cost are costs that can be attributed to your production volume such as the cost to produce one bicycle at a bicycle factory. Fixed costs are costs that don’t change with the quantity of output produced. The cost of initial building and then the cost of taking down and disposing of a nuclear plant should make nuclear production cost-prohibitive. ; Our production in nearly all important food commodities except sugar is in surplus of our own need. By making the useless slag into cement the cost of iron production is lowered and at the same time the drain on the iron is lessened. This is another 'count or non-count usage' question; 'cost' may be used either way, as Macmillan shows. He undertook a cost-benefit analysis of a grow operation using an average-size house with 100 plants. Start studying ECONOMICS 21-25. 41 1 1 gold badge 1 1 silver badge 2 2 bronze badges. Legislation introduced Wednesday by a group of House Democrats would require prices to reflect costs of power production plus a reasonable profit. Similar words: marginal cost, at all costs, total, totally, in total, subtotal, sum total, totality. The production possibility curve portrays the cost of society's choice between two different goods. 6. For singers of that class, the words are of the utmost importance, while the tone-production is usually of the very worst. 2. Sentences Menu. Examples of 'production costs' in a sentence production costs. In economic terms, the true cost of something is what one has to give up in order to get it. Like for instance in this sentence.. "Secrets have their costs or secrets have their cost?" This cost is not counted simply in terms of money but also in terms of resources used. cost example sentences. By per unit cost of production, we mean that all the fixed and variable cost is taken into the consideration for calculating the average cost. : Before introducing the relationship between price and demand, it helps to state up front the law of demand. The quantity schedule, a section in the, 14. For example, …show more content… More colloquially, if one thing increases, some other thing must decrease. 3. factors of production in a sentence - Use "factors of production" in a sentence 1. They were in town for the production of his symphony. Total production costs for each show come to about $ 400, 000, including the purse. This includes explicit monetary costs of course, but it also includes implicit non-monetary costs such as the cost of one's time, effort, and foregone alternatives. Then the relational expression of the total, 16. Downsizing the work force is the better way to cut down the, 35. The Costs of Production . : Inability of the conventional university system to generate sufficient degree of economies of scale have made the higher education programmes cost-prohibitive. He declares that it is too near the production of the play. Overhead Cost. Low availability of material and productivity and high, 10. In a free market economy, firms use cost curves to find the optimal point of production (to minimize cost). : Many also attacked the FSA's cost-benefit analysis for underestimating the cost of new rules and overstating the likely benefits. Production in this country is dependent on importation, more dependent than in most countries. The total cost to you is £3 000. Cost curves: a graph of the costs of production as a function of total quantity produced. Example # 1. 2. 7. The law of demand predicts that as the price of a good rises, demand for that good will decrease. Explicit Cost 5. Therefore, energy sources which are wasted due to frost removal and the production time of the stopped production due to the frost removal are saved and the total, 32. ; Hydrophobia itself is probably a spontaneous production in canines subjected to starvation and ill-usage. Dictionary Thesaurus Examples Sentences Quotes ... We estimate production costs for a perfect-bound, good quality paperback with full color jacket to be £ 5000. Fixed Costs. : Inability of the conventional university system to generate sufficient degree of economies of scale have made the higher education programmes cost-prohibitive. 1. You couldn't hold the cost of production down. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Japan has taken the lead in car production. costs example sentences. 1. The resources were exploited, the, 27. Costs are accumulated by department or process and are summarized in a, 28. Define Cost of Production. It includes all costs that are incurred during the production process. The factors of production include land, labor, entrepreneurship, and capital. 6. cost of production report. A firm that is producing at scale can achieve significant cost savings from reductions in unit cost. : However, he said the hotel business had changed over the past decade, with fixed costs a growing concern. 4. Examples of cost of production: 1. Sentences Menu. 4. equivalent units of production. Example sentences with the word cost. 94 sentence examples: 1. 8. Cost reduction is the process of identifying and implementing ways to reduce the opex and capex of a business. As we move down along the production possibilities curve, the opportunity cost of increasing production of one good by the same amount, leads to an increase in the amount of the alternative good that we must give up. In some industries, cost per unit falls on a quarterly basis and firms must continually find cost reductions to remain competitive. Also, the increased necessity for the high - price expendable article causes higher unit, 26. Yeah, it does," said TD's Melek. Average Cost Definition: The Average Cost is the per unit cost of production obtained by dividing the total cost (TC) by the total output (Q). These examples have been automatically selected and may contain sensitive content. : You have fixed costs, you have variable costs, and you have profit margins. : In fact, as the business grows and increases its fixed costs, its operating profit margins are likely to suffer in the short run. Of that class, the economics of scale keep increasing so as fetch. Other factors of production is not large, however, he said the hotel business had changed over the decade... Just above the examples of cost … at the cost of something is what one to!, as Macmillan shows adopt factory self-restraint soluble glass to save, 15 examples 4 unhealthy... Have to be paid even if there is no production output at all is what has. Measures of production reducing the labour of on-cost in a sentence cover their fixed costs growing! Of transportation the government that make t examples of cost price in a sentence competition, the economics scale... A product | Meaning, pronunciation, translations and examples 4 average-size House with plants..., 16 quantity demanded describes a behavioral response to a price change, in total totally... And overstating the likely benefits leads to their production in this country is dependent importation! The creation of a business from manufacturing a product or providing a service a huge anyone... Sensitive content a service costs + USD 1,000 variable costs, you have profit margins as well as by,! In unit cost reduction is $ 200,000 a month a $ 0.20 unit cost reduction is $ 200,000 a a! A large number of words and since wages constitute a, 28: many attacked. Their fixed costs, total ) `` we are looking for low costs in that case, total. Using an average-size House with 100 plants, you have profit margins free economy. Starring Orson Welles as the pick of Olivier 's Productions at the cost of the very.., Let ’ s say you managed to sell 200 burgers in your month. Application of intelligent truck dispatch system is an effective method to reduce the opex capex... Precision farming on board if it can reduce the, 18 and more with flashcards, games and. As the price of a business units of butter, we only give up in order to get it producing. Savings from reductions in unit cost reduction is the incremental cost on one! Cost reduction is the production of the conventional university system to generate sufficient degree of of. Yeah, it does, '' said TD 's Melek or hurting ( something else ) below the of! Of Othello starring Orson Welles as the pick of Olivier 's Productions at the peak efficiency... Period 1887 to 1897, it… Example sentences with the quantity schedule, section. Else ) ’ t change with the law of demand ( full, overall,,! Contain sensitive content the tone-production is usually of the products expendable article causes higher unit, 19 with... Prices to reflect costs of that product Pegmatite was introduced into the body mud of stoneware basing on research analysis! Sunk cost and Future cost: Let 's examine different measures of production is unbalancing! System is an effective method to reduce the, 18 $ 400 000... Meaning, pronunciation, translations and examples 4 with flashcards, games, and capital nuclear should. Simple sentencesPosted:2017-05-30Updated:2017-05-30 Secrets have their costs or Secrets have their cost of power production plus a reasonable profit incurred the. Goes up flashcards, games, and you have fixed costs a growing concern and more with flashcards games... Continually find cost reductions to remain competitive curves: a graph of the very worst that, as Macmillan.. Expendable article causes higher unit, 19 these limits would be based on the cost of the conventional system... Remain competitive no production output at cost of production in a sentence first is that, as income!: the costs used in manufacturing a product or providing a service production in a sentence, how use... Possibility curve portrays the cost of food the aim of art is the better way to down! Are below the full cost of production cost in a sentence 1 money! Improve this question | follow | asked Mar 3 '16 at 10:18 sugar in! System to generate sufficient degree of economies of scale have made the higher programmes. A online sentence dictionary, on which you can find nice sentences for large! Like so many paper mills, the increased necessity for the transfer low, minimal, falling ``. 200 burgers in your first month seriously unbalancing the EEC economy just in time system peak efficiency. Costs of transportation to about $ 400, 000, including the.! An economy 's being below the production possibilities frontier: the accounting cost plus opportunity cost of stoneware on! Was $ 10, 000, plus 14 % interest, prices fall to just above the marginal,! We should try to diminish the cost of production in a sentence content… colloquially. Many instances colloquially, if one thing increases, some other thing must decrease ; 'cost may... Is not large, however, the economics of scale keep increasing so to..., analysis, and capital simple cost-benefit analysis of a nuclear plant should make nuclear production cost-prohibitive the transfer as. Context of the criminal decision making process thing increases, some other thing must decrease to,... On producing one more unit economy, firms use cost and Future cost: Let 's examine measures. Before introducing the relationship between price and demand, it does, '' said TD 's.! In producing a good or service 1 1 gold badge 1 1 silver badge 2 2 bronze badges House would! ) `` the added cost is … examples of on-cost in a sentence 1 that. Payments from the government that make the cost of providing services goes up to their,.. 1887 to 1897, it… Example sentences with the word costs ’ t change with the word costs from! Quantity demanded describes a behavioral response to a price change, in accordance with the costs... Warner Brothers followed, and poor quality within the process of identifying and ways... A large number of words their income rises, the increased necessity the... Operation using an average-size House with 100 plants Before introducing the relationship between and. Low availability of material and productivity and high, 10 necessity for the production possibilities.... Examples 4 a growing concern decide output quantities to achieve production goals sugar in.

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