Sentence examples for average cost of production from inspiring English sources
The average cost of production in the UK is around 30p per litre, says the National Farmers Union, with the average price farmers receive having fallen from about 32p per litre last year to 23p per litre today.
where E[Yield] is the expected value of yield estimated from the multi-year average yield, Price is the average price of the crop (corn or soybean), and Cost is the average cost of production.
Planters would produce coffee so long as doing so was profitable, but because the price would be squeezed down to the average cost of production, no one would be able to make a killing.
In addition, it presented other advantages such as low supporting electrolyte consumption (20 mL), a total time for each pretreatment of 80 s and an average cost of production below US$2000.
Given a rather generous average cost of production of $10, and at current rates of consumption (an average of 11 per person, per year), then these medicines would cost just under $34bn for the total US population (307 million people) – a mere 11% of the current cost.
Average incomes will drop, but so will the average cost of production, driving down the price of goods and services.
This is due to an expected decrease in the average costs of production, since less electricity will be produced at facilities.
While subsidies for gasoline, diesel, and kerosene have almost been eliminated, the electricity prices in Morocco do not represent the real costs, which are below the average costs of production and transmission.
The same assumptions can be applied to the average costs of production of an additional unit of the new good, c. eThe continuity of the utility function and the fact that the feasible set is closed and bounded guarantees that there exists a global maximum (Weierstrass Theorem).
By increasing its capital stock through investment, the firm again lowers its average costs of production.
In this case, by reducing its capital stock, the firm can lower its average costs of production.
