Total Resource Cost

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
TRC
Pronunciation
/ˈtoʊtəl ˈrisɔrs kɔst/
Category
Business
Related Field
Accounting

Examples in Context

  1. The total trade cost of resource commodities contains production cost ( especially labor cost ), environmental cost, intergenerational cost, mining tax cost, transaction cost and management cost.
  2. Secondly, considering the logistic volume fluctuate along with the time axis, a mathematic model is setup to reflect the total resource demands of the network for the purpose of minimizing unitary cost.
  3. Farmland for each farmer is large and the agricultural population is few, only makes up 2.2 % of the total population, agricultural labor force resource is relatively lack, the opportunity cost is high.
  4. Make full use of the total resources of the enterprises, including human resource, material resources, and advance the cost control strength of the enterprises;

Other meanings of TRC