[crosdaddy]

I said “ price” & “ cost” are two different things.
So I obviously never took an economics class.
Ok, Bro, whatever.

[Nifster]

You then asked if I meant value, hence my comment.

Cost and price differentiation is well explained in a basic Econ class. Value has nothing to do with it.

[jimmyray]

Quote: I said “ price” & “ cost” are two different things. So I obviously never took an economics class. Ok, Bro, whatever.

From Wikipedia: Customer cost refers not only to the price of a product, but it also encompasses the purchase costs, use costs and the post-use costs.

Or, one could say

total cost describes the total economic cost of production and is made up of variable costs, which vary according to the quantity of a good produced and include inputs such as labor and raw materials, plus fixed costs

you are both referring to 2 different concepts, and one of you does not know it. ;)