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'''Cost price''' is the amount of capital it takes to produce something without profit. To put it another way, [[Constant capital|Constant Capital]] + [[Variable capital|Variable Capital]] = '''Cost Price'''. | '''Cost price''' is the amount of capital it takes to produce something without profit. To put it another way, [[Constant capital|Constant Capital]] + [[Variable capital|Variable Capital]] = '''Cost Price'''. | ||
[[Category:Economic concepts]] | |||
Latest revision as of 01:07, 19 October 2021
Cost price is the amount of capital it takes to produce something without profit. To put it another way, Constant Capital + Variable Capital = Cost Price.