Sentence examples for private cost from inspiring English sources
noun
A cost incurred in the production process by the producer; including tax and profit margins that are anticipated.
However, the firms have private cost information which they are not willing to disclosure.
The private cost has a negative effect on the probability of choosing the tax.
In the second model we consider a setting where the buyer possesses private cost information.
Unlike a private company, the government's job is to maximise the benefit to society, whatever the private cost.
According to one study that has attracted a lot of attention, the net private cost amounts to $1.4 trillion.
On average, the private cost to purchase, maintain, and fuel a vehicle adds up to about $0.51 per vehicle mile.
"The private cost for this kind of treatment is £30,000-£35,000 a year," he said.
The marginal private cost of accidents from light truck ownership relative to cars is of ambiguous sign and may even represent a large safety disadvantage.
The mechanism is especially applicable to the firms with private cost information, due to its good incentive properties and budget balance in almost all the cases.
Profit, which is private benefit minus private cost, might rule out recycling, whereas a broader social calculation of costs and benefits would show a different balance.
And the private cost of going to college is much greater in the United States than the most other developed countries, which more heavily subsidize higher education.
