In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing.
All stories in Cost
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Farmers blame Volkswagen's 'weather cannons' for recent drought
Facing ominous skies, Volkswagen was prepared. It wasn't sweating the forecast, which included calls for rain and, perhaps, hail. Instead, it used the impending tempest as an excuse to break out its "weather cannons." The cannons are supposed to protect against loss. But farmers ...
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Blockchain doesn't kill people, but smart contracts can, law professor says
Smart contracts, like the ones featured by Ethereum’s blockchain, represent simple machine intelligence, and one academic ...
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This cheap bracelet could decrease your risk of developing skin cancer
Vipul Bansal didn't believe he was getting enough vitamin D. He's not alone. Although figures vary wildly, somewhere between ...
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Rapid scaling can ruin your startup — so fix these technical problems now
In the grand scheme of things, everything has been going perfectly to plan. Your product or service launch has been a success, ...
