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  1. Volume
  2. Price
  3. Efficience
  4. Sales mix
  5. Production changes
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Sammy Flinch

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4y ago

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Factors affecting the cost of production?

labour


What are the factors affecting transportation pricing decisions?

Cost of Fuel Wages Traffic Accidents Vehicle malfunctions Road work Absent driver


What are the factors influencing cost behavior in a firm?

Cost behavior in a firm is influenced by several factors, including the nature of the costs (fixed, variable, or semi-variable), the level of production or sales volume, and operational efficiency. External factors such as market conditions, supplier pricing, and competition also play a significant role. Additionally, managerial decisions regarding resource allocation and cost control strategies can impact how costs behave as business conditions change. Understanding these factors helps firms plan and manage their budgets effectively.


What factors influence the shape and behavior of the long run average total cost curve in a firm's production process?

Several factors can influence the shape and behavior of a firm's long-run average total cost curve in its production process. These factors include economies of scale, technological advancements, input prices, and market competition. Economies of scale can lead to cost reductions as production levels increase, while technological advancements can improve efficiency and lower costs. Input prices, such as labor and raw materials, can also impact the cost curve. Additionally, market competition can drive firms to lower costs in order to remain competitive.


What factors influence the rental rate of capital in the current market environment?

The rental rate of capital in the current market environment is influenced by factors such as supply and demand for capital, interest rates, economic conditions, technological advancements, and government policies. These factors can impact the cost of borrowing capital and the return on investment, ultimately affecting the rental rate of capital.

Related Questions

Factors affecting the cost of production?

labour


What are the factors affecting m-commerce adoption?

Some of the factors affecting the adoption of m-commence include: High cost, technology, maturity and service provisions. M-commerce is also known as mobile commerce.


What are the factors affecting transportation pricing decisions?

Cost of Fuel Wages Traffic Accidents Vehicle malfunctions Road work Absent driver


Factors affecting the choice of an implementation language in program design?

orthogonality cost ease of verification simplicity,clarity,unification ease of environment portability reliablity


What are the factors that affecting tourism carrying capacity?

SpaceSensitivity of the location + valueFragility of ecosystem (if it is in a rural area)AccessibilityPresence of sufficient accommodationTransport links + cost/distance of travel


What are the factors influencing cost behavior in a firm?

Cost behavior in a firm is influenced by several factors, including the nature of the costs (fixed, variable, or semi-variable), the level of production or sales volume, and operational efficiency. External factors such as market conditions, supplier pricing, and competition also play a significant role. Additionally, managerial decisions regarding resource allocation and cost control strategies can impact how costs behave as business conditions change. Understanding these factors helps firms plan and manage their budgets effectively.


What are the factors affecting the design process in manufacturing?

Here are a number of factors commonly considered when selecting processes. Some of these can be quickly listed, as below (not in order). • Tolerances • Material • Quantity • Feature Accessibility • Safety • Finish • Cost


How much does the mindless behavior headphones cost?

how much does mindless behavior headphones cost


What are the constraints affecting accounting information?

Materiality and cost


What are the factors affecting tourism in India?

1) Environmental issues-global warming 2) Natural disasters 3) Cost of travel 4) Health warnings and epidemics 5) Terrorism


List six factors which affect purchasing?

6 factors affecting purchases: 1. Cost(affordability) 2. Availability 3. Form Factor(size) 4. Features 5. Add-Ons(read Upgrading facilities) 6. Customer Service


Explain the concept of the relevant range?

The relevant range refers to the level of activity or volume within which fixed and variable cost behavior remains consistent. It is the range of production or sales levels where the assumptions about cost behavior, such as fixed costs remaining constant and variable costs per unit being stable, are valid. Outside this range, costs may change, potentially leading to different cost structures and affecting decision-making. Understanding the relevant range is crucial for budgeting, forecasting, and cost management.