Price and cost are different things, often confused. Cost is what it takes to make something. Price is what it sells for—at a point in time. When s… - Blake Scholl

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Price and cost are different things, often confused.

Cost is what it takes to make something. Price is what it sells for—at a point in time. When supplies are low, costs can be low but prices high. Confuse these concepts—and you’ll miss many opportunities