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Cost

Cost

(n)
UK
kɒst
US
kɔːst
Definition: (of an object or action) require the payment of (a specified sum of money) before it can be acquired or done.
Meaning: Giá, chi phí
Very Common
How to use "Cost" vocabulary in sentence (example)

In those days, one pineapple would cost today's equivalent to $8,000 dollars!

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How much does it cost to make these pineapples?

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However with the manpower over the course of the 2 years it takes to grow a pineapple, the cost to make each pineapple is $1,300.

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On the plus side, at least the legacy of these pineapples will make us appreciate the lowly cost of our standard Dole pineapples at the grocery store!

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He increased the sales by 45% in the first year by offering lower prices on products that he purchased from lower cost suppliers.

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It cost ¥5,000 (approx.50USD ).

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Some services on the Internet cost nothing to use.

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Things that cost lots of money (like houses and cars) will generally not be bought entirely with cash.

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This greater number of providers makes the supply go up, which forces the price down toward the cost of production and distribution.

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Opportunity cost is the value of the next best thing you give up whenever you make a decision.

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The idea of an opportunity cost was first begun by John Stuart Mill.

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The utility has to be more than the opportunity cost for it to be a good choice in economics.

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For example, opportunity cost is how much leisure time we give up to work.

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By choosing to go to university, your opportunity cost is losing your job and your pay check.

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Even though going back to university has a big opportunity cost, many people think it is a good decision because increased education gives you more job opportunities.

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And in the other words " Opportunity Cost " can be termed as cost of forgone alternatives or cost of shifting from one opportunity to the other.

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