Factors that influence production cost in Uganda

Factors that influence production cost in Uganda

  • wage rate and number of workers employed
  • quantity of output produced
  • the interest and amount of borrowed capital
  • the entrepreneurship ability
  • taxation and level of subsidization
  • the rent rate for hired spare/eqipment
  • the cost of sales promotion/advertising
  • transport cost
  • cost of raw materials
  • insurance premium
  • cost of electricity
  • expenditure on acquisition and maintenance of technology
  • level of accountability
  • efficiency in production process
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