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Determinants Of Cost The determinants of cost varies so much from firm to firm and from problem to problem that

no general set is applicable to all. Nevertheless, there are a few determinants which are important enough in modern manufacturing enterprises so as to deserve special mention. They are: (1) Rate of output (i.e., utilization of fixed plant) (2) Size of plant (3) Prices of input factors (materials and labour) (4) Technology (5) Size of lot (6) Stability of output (7) Efficiency (of management as well as labour)

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