Cost

Cost is the Value surrendered to acquire a Good or service. It represents the total resources, often financial, expended in the creation or acquisition of something.

See also

Linked from: Affordability, Average Cost, Benefit, Breakeven Point, Casualty, Cost Analysis, Cost Effectiveness, Cost Object, Cost Overrun, Diseconomy Of Scale, Economic Good, Economic Value, Economy Of Scale, Expense, Expenses, Externality, Fee, Fixed Cost, Free, Overhead, Price, Pricing, Production Function, Production Theory, Profit, Profit Center, Profit Margin, Return On Investment, Stock Control, Tuition, Value Perception

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