Cost drivers are factors that together determine a firm's cost position, generally measured by the cost per unit of output

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Cost drivers are indeed factors that determine a firm's cost position, usually measured by the cost per unit of output. These factors can include production volume, technology, labor costs, material costs, and other expenses that impact a company's cost structure. Understanding cost drivers can be critical in managing costs and maximizing profitability.

Cost Drivers Are Factors That Together Determine a Firm's Cost