The cost refers to the amount of money or resources that is required to produce or purchase something. It can include various expenses such as manufacturing costs, labor costs, materials costs, overhead costs, and other associated expenses. Cost can also refer to the price that a consumer pays for a product or service.
Cost refers to the amount of money or resources needed to produce or obtain something. It can include expenses such as materials, labor, overheads, and other operational expenses. Cost is an essential factor in business and economics, as it directly impacts profitability and decision-making processes.
