Meaning
- 1.
cost of production; cost — The price equal to the addition of all the expenses incurred from the point of the manufacturing of a product to that of selling it.
- 2.
cost of purchase — The initial price at which a product is bought.
cost of production; cost — The price equal to the addition of all the expenses incurred from the point of the manufacturing of a product to that of selling it.
cost of purchase — The initial price at which a product is bought.