Costs to produce milk differs significantly â the range is from 4 to 128 US-$ per 100 kg milk. From 2000 â 2012, cost of milk production increased in all countries analysed. Cost of milk production in China is estimated 50% above the level in US and Germany.
Definition of Wages: Wages are remuneration paid to labor in return for the services rendered. Benham has defined the term wages in a restricted sense. According to him, a wage may be defined as a sum of money paid under contract by an employer to a worker in exchange for service rendered.
net wage definition, net wage meaning | English dictionary. Search also in: Web News Encyclopedia Images. wage. n. 1. a often pl payment in return for work or services, esp. that made to workmen on a daily, hourly, weekly, or piece-work basis.