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.
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References in periodicals archive ?
Gaber pointed out that the prices of real estate in the North Coast hiked by 15% compared to last summer and it represents natural price increases, which has not been affected by fuel subsidy cuts.
For his part, Marseilia group chairperson, Sherif Heliw, said that the average natural price increases in the market range between 15% and 20%, which cannot be predicted by increasing the rate of price increases in the case of cutting subsidies on fuel, pointing out that the market cannot afford more price increases.
These "prime city centres", shaped by master planning as much as by demographics (this is a novelty in Dubai), will also see natural price appreciation driven both by desirability and spatial limitations creating new opportunities for developers, HNWIs investors and end-users.
It appears that policy developments are driving market reforms and natural price corrections.
This shortcoming results from the modifications of the labour theory of value called for by the 'law of the average rate of profit' and consists, in Maide's view, of Ricardo's confusion between the value of commodities (which he intends as including profit) and their natural price (which he intends as including only direct and indirect labour) as well as of Ricardo's treatment of the capitalist society as undistinguishable from the 'rude and early state' discussed by Adam Smith (222).
Natural price signals are necessary to coordinate supply and demand to flow in the most efficient ways possible.
It would depend on what it is, if it exists, that gets equalized at the natural price.
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.
Ricardo just believed that over time, lower land fertility would have greater impact on the natural price of food.
A bit of fun and all of which goes to prove, that natural price inflation aside, how money has exploded to become the prime-mover in football since the advent of Premier League/Sky Sports axis in 1992.
On the other hand, he explained that three factors cause natural price. And these three objectively grounding factors remain themselves subjectively determined.

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