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Cost Of Production শব্দের বাংলা অর্থ: পড়তা
Cost Of Production Meaning In Bengali পড়তা
Cost Of Production
Definition
1) The total expenses incurred in the process of manufacturing or creating a product, including the costs of raw materials, labor, equipment, and overhead expenses.
2) The sum total of all expenses incurred by a business in the process of producing goods or services, including both fixed costs (such as rent and salaries) and variable costs (such as materials and utilities).
3) The economic concept that refers to the monetary value of resources used in the production of goods and services, encompassing both explicit financial costs and implicit opportunity costs.
Examples
Cost Of Production Example in a sentence
1) The cost of production for the new smartphone includes materials, labor, and overhead expenses.
2) As the cost of production increases, companies may need to raise prices to maintain profitability.
3) Understanding the cost of production is crucial for setting competitive prices in the market.
4) The company conducted a detailed analysis of the cost of production to identify areas for cost savings.
5) Fluctuations in the cost of production can impact profit margins for businesses.
6) Lowering the cost of production through efficiency improvements can lead to higher profits.
7) Innovations in technology have helped reduce the cost of production for many industries.
8) Manufacturers must constantly monitor and control the cost of production to remain competitive.
9) Rising energy prices have contributed to an increase in the cost of production for many businesses.
10) Negotiating better deals with suppliers can help reduce the overall cost of production for a company.
11) Sure! Here is an example sentence using the phrase "Cost Of Production":
12) - The company analyzed the cost of production to determine how to increase their profit margins.
Part of Speech
Cost Of Production (Verb)
Synonyms
Encyclopedia
The total expenses incurred in the process of manufacturing or creating a product, including the costs of raw materials, labor, equipment, and overhead expenses.
The sum total of all expenses incurred by a business in the process of producing goods or services, including both fixed costs (such as rent and salaries) and variable costs (such as materials and utilities).
The economic concept that refers to the monetary value of resources used in the production of goods and services, encompassing both explicit financial costs and implicit opportunity costs.
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