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Gagan Mishra

Job Interview Skills
English
2 years ago

17. Explain Cost Concept?

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Abhishek Mishra

2 years ago

The concept of cost is a key concept in Economics. It refers to the amount of payment made to acquire any goods and services. In a simpler way, the concept of cost is a financial valuation of resources, materials, risks, time and utilities consumed to purchase goods and services.

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