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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 | '''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'''. | ||
Revision as of 19:57, 24 December 2020
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.