Such an unfavorable supply shock tends to raise prices at the same time that it slows the economy by making production more costly and less profitable.
More specifically, what are the characteristics of products for which inexpensive, long lead-time production is preferable to more costly production with extremely short lead times?
Not with them cutting costly production while profits nearly triple.
Purchasing used items for reuse prevents them from becoming waste and saves costly production of equivalent new goods.
By 1891, however, the industry operations in Žužemberk faced excessive competition and costly production and ceased operating.
The costly production of snowmaking requires low temperatures.
They are cash cows that subsidize the costly production of vinifera wines.
Musicals are the costliest productions on Broadway, typically demanding $5 million to $7 million.
However, the company has already gotten rid of most of the old frame casts, making prospects of renewed production costly and difficult.
This allowed the film's producers to see a rough version of the sequence before the costly full-scale production started.