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NAL Agricultural Thesaurus
U.S. Department of Agriculture

Concept Breadcrumbs

Fields of Study > economics > economic analysis > cost analysis > costs and returns > economic costs > production costs
Economics, Trade, Law, Business, Industry > economics > economic analysis > cost analysis > costs and returns > economic costs > production costs
Fields of Study > economics > production economics > production costs
Economics, Trade, Law, Business, Industry > economics > production economics > production costs
Preferred Term:

production costs

Definition:
The sum, measured in dollars, of all purchased inputs and other expenses necessary to produce farm products. Cost of production statistics may be expressed as an average per animal, per acre, or per unit of production (bushel, pound, or hundredweight) for all farms in an area or in the country.
Concept Schemes:
NALT Core
NALT Full
Broader Concept:
production economics, economic costs
Narrower Concepts:
Related Concepts:
Entry Terms:
  • production expenses
  • cost of production
URI:
https://lod.nal.usda.gov/nalt/29564
Download this Concept:
RDF/XMLCreated 2006-01-19, last modified 2018-02-27
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