Factor Price

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Factor Price

The price at which the means of production (that is, land, labor, capital and sometimes entrepreneurship) are sold. Economists disagree about what determines factor prices. Marxists and classical economists argue that factor prices represent the intrinsic value of the means of production. Other economists, however, believe that factor prices come from demand for the means of production.
References in periodicals archive ?
A bit of fun and all of which goes to prove, natural price inflation aside, how money has exploded to become the prime-mover in football since the advent of the Premier League/Sky Sports axis in 1992.
In addition, the more open international markets see natural price compression from competition much the same as the US does.
There will be a natural price point where the market allows those peopleto live and work here, but we haven't reached that yet.
In the PKK's E[currency]emdinli attack, it was clear the organization targeted Kurdish civilians as some sort of natural price that had to be paid.
However, it must be recalled here that the price level of $ 128 per barrel was not a natural price at the time, and one that did not reflect market fundamentals of supply and demand.
The natural price gas won't change for consumers in Kyrgyzstan, the press service of the Kyrgyz gas company said.
n] is anchored in a concept of 'subsistence' consumption required per worker (or more precisely, required for workers-plus-dependents)--where this subsistence is clearly conceived of as conventional, customary or historically determined--then there appears to be a quite tight analogy with the natural price of commodities.
In addition, the increased mix of premium-priced LED-backlit LCD TVs and 3D TVs would serve to help offset natural price erosion, resulting in the volume weighted blended average price falling only about 4%, DisplaySearch said.
Others speak about the natural price, as though it were constituted by natural prudence.
In August 2003 - the last time the study was conducted - estate agents suggested that buyers were willing to a pay a 12 per cent premium above the natural price of a house.

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