COST = the $ value that the retailer pays wholesaler for the - TopicsExpress

COST = the $ value that the retailer pays wholesaler for the widget PRICE = the $ value the consumer pays the retailer for the widget OPPORTUNITY COST = everything else the customer couldve done with those resources [time & money] they spent on the widget. this meme is actually referring to the OPPORTUNITY COST :) yeah, i know… been this way all my life… believe it or not? sometimes having a large vocabulary isnt all its cracked up to be. however, those times are usually few and far between 3:)

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