costs

In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, 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. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production.
More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes.
Costs (pl.) are often further described based on their timing or their applicability.

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  1. R

    Accident Repair Costs

    I was involved in an accident today - another car changed lanes on a roundabout - for no apparent reason as we were both in lanes marked to go straight over - and didn’t look. The car needs two new doors, the bumper, wheel and sill are all damaged too along with the wheel trim. It seems to drive...
  2. Les burrows

    Beware of car insurance costs

    Car insurance cost are rocketing here is one reason why the video mainly addresses JLR vehicles but many different makes and models can be affected Les
  3. Robbiesox

    MG4 service plan

    I’ve received a quote from my dealer for a service plan for three annual services and the first MOT for the cost of £471.39. What does everybody think, it’s sounds expensive to me because I thought ev sevicng would be cheaper because no oil change, filters etc
  4. ajhayden93

    How much do you spend on charging?

    Curious as to how much people are spending each month charging after a conversation about costs vs ICE vehicles.
  5. Y

    Claiming at home electricity costs for a PHEV on a novated lease (Australia)

    Hi All, New to the forum, posting here, apologies in advance if it needs to be shuffled elsewhere. This is also quite specific to Australian EV owners as it relates to tax law. As per the title, are any Australian EV owners who bought there car through a novated lease enjoying the...
  6. mrg9999

    6months of MG ZS EV Charging costs Mostly home , Some public

    After 6 months I've driven 3600 miles. Charging per month at home is about £15 compared to my previous diesel SUV £60 so comparatively mile for mile about £30 per month saved. Mistakes I made. I didn't religiously record the odometer I left credit on pod-point app
  7. D

    Charging Costs

    So the price of electricity is falling, but WTF is going on with the cost of public charging, the chargers near me seem to have a mind of their own, podpoint 99p kw/h (was 79p), Revive 69p kw/h (was in the 50's), shell recharge 85p kw/h (was 79p), surely the prices should be coming down not...
  8. S

    Service plans

    Hey I am looking at purchasing a service plan to lock in costs. I was curious what length of service plans people went for and why?
  9. richlove

    Do you keep a 'charge log'? ⚡️

    Just curious how many owners are keeping a log of all their charging activity and costs and, if so, for what reason? I started to, though missed a few recent charges and now wondering if there's much point and why I'm doing it! Does anybody find it particularly useful for any reason?
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