factor inputs

FACTORS OF PRODUCTION (labour, capital, etc.) that are combined to produce OUTPUT of goods and services. See PRODUCTION FUNCTION, COST FUNCTION.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

Mentioned in

average cost
average physical product
average revenue product
bilateral flows
business
capital goods
circular flow of national income model
Cobb-Douglas production function
coding system
comparative advantage
consortium
constant returns
corporate sector
cost function
cost minimization
cost-push inflation
derived demand
diminishing returns
economic efficiency

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