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cost prices

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  • Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …   Wikipedia

  • Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …   Wikipedia

  • cost price — noun The price the dealer pays for goods bought • • • Main Entry: ↑cost * * * cost price UK US noun [countable/uncountable] [singular cost price plural cost prices …   Useful english dictionary

  • cost price — cost prices N VAR: oft at N If something is sold at cost price, it is sold for the same price as it cost the seller to buy it. [BRIT] ...a factory shop where you can buy very fashionable shoes at cost price... The shop claims to have sold… …   English dictionary

  • Cost price — In retail systems, the cost price represents the specific value that represents unit price purchased. This value is used as a key factor in determining profitability and in some stock market theories it is used in establishing the value of stock… …   Wikipedia

  • cost price — UK / US noun [countable/uncountable] Word forms cost price : singular cost price plural cost prices the price it costs to produce something, without making any profit …   English dictionary

  • Cost push inflation — is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. A situation that has been often cited of this was the oil crisis of the 1970s, which some economists see …   Wikipedia

  • cost-cutting — UK US noun [uncountable] actions taken to reduce the costs of a business, government, or other organization The family of the victim blame a hospital system more concerned with cost cutting than with care. a cost cutting exercise Thesaurus:… …   Useful english dictionary

  • Cost-Volume-Profit Analysis — Cost Volume profit (CVP), in managerial economics is a form of cost accounting. It is a simplified model, useful for elementary instruction and for short run decisions. Cost volume profit (CVP) analysis expands the use of information provided by… …   Wikipedia

  • Cost escalation — is defined as changes in the cost or price of specific goods or services in a given economy over a period of time. This is a similar to the concepts of inflation and deflation except that escalation is specific to an item or class of items (not… …   Wikipedia

  • cost-of-living — adjective a cost of living allowance Thesaurus: prices and costssynonym types of prices and describing prices and costshyponym Main entry: cost of living …   Useful english dictionary


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