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Cost price. Cost price is also known as CP. cost price is the original price of an item. The cost is the total outlay required to produce a product or carry out a service. Cost price is used in establishing profitability in the following ways: Selling price (excluding tax) less cost results in the profit in money terms. Profit / selling price ...
Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. [1] [2] An alternative pricing method is value-based pricing.
In 1959–1961 Great Britain Atomic Energy Authority produced 125 g of 99.9% pure protactinium at a cost of $ 500 000, giving the cost of 4 000 000 USD per kg. Periodic Table of Elements at Los Alamos National Laboratory website at one point listed protactinium-231 as available from Oak Ridge National Laboratory at a price of 280 000 USD/kg.
Price's equation features in the plot and title of the 2008 thriller film WΔZ. The Price equation also features in posters in the computer game BioShock 2, in which a consumer of a "Brain Boost" tonic is seen deriving the Price equation while simultaneously reading a book. The game is set in the 1950s, substantially before Price's work.
Image according to Garrett (2008), figure 4-1, p.65. In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers. The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses.
v. t. e. The impact factor ( IF) or journal impact factor ( JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as indexed by Clarivate's Web of Science . As a journal-level metric, it is frequently used as ...
v. t. e. Prices of production (or "production prices"; in German Produktionspreise) is a concept in Karl Marx 's critique of political economy, defined as "cost-price + average profit". [1] A production price can be thought of as a type of supply price for products; [2] it refers to the price levels at which newly produced goods and services ...
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. [1] In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount.
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