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real cost in Culture

real cost

The cost of producing a good or service, including the cost of all resources used and the cost of not employing those resources in alternative uses.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Examples from the Web for real cost

Historical Examples

  • Well, first, the real-cost doctrine simply does not square with the facts.

    The Value of Money

    Benjamin M. Anderson, Jr.


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