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NALT Concept Space
U.S. Department of Agriculture

NALT Full

Concept information

  1. Fields of Study
  2. economics
  3. production economics
  4. production costs
  1. Economics, Trade, Law, Business, Industry
  2. economics
  3. production economics
  4. production costs
  1. Fields of Study
  2. economic analysis
  3. cost analysis
  4. costs and returns
  5. economic costs
  6. production costs
  1. Economics, Trade, Law, Business, Industry
  2. economic analysis
  3. cost analysis
  4. costs and returns
  5. economic costs
  6. production costs

Preferred term

production costs

Type

  • Topic

Definition

  • Information 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.

    Source: Agriculture Fact Book, USDA

    Type: Concept definition

Broader concept

Narrower concepts

Related concepts

Synonyms

  • cost of production
  • production expenses

In other languages

URI

https://lod.nal.usda.gov/nalt/29564

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