Factors that influence production costs in Uganda.
- The quantity of output produced/ the scale of production.
- The wage rate and the number of workers employed.
- The cost of raw material input/ the price of (raw materials) and quantity of raw material inputs
- The interest rate and the amount of capital borrowed.
- The entrepreneurial ability
- The rate of taxation/ the level of subsidization.
- The rent rate (and the area hired/rented)
- The cost of sales promotion/advertising.
- The cost of transport
- The price of (energy/and units of energy used (in production).
- The insurance
- The techniques of production/ the efficiency of
- The expenditure on acquisition and maintenance of
- Level of accountability
CATEGORIES Economics
TAGS Dr. Bbosa Science
