TERMIUM Plus®

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FACTOR PRICE [1 record]

Record 1 2015-03-02

English

Subject field(s)
  • Production (Economics)
DEF

The price of a factor of production (e.g. land, labor and capital).

OBS

... just as wages and rent are the factor-prices of primary labor and land, the 4 or 6 or 10 per cent interest rate per annum can, in a more subtle way, be usefully regarded as the factor-price that rations and rewards society's scarce supply of various capital goods and investment projects.

French

Domaine(s)
  • Production (Économie)

Spanish

Campo(s) temático(s)
  • Producción (Economía)
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