0 the price that it costs to make a product, without a profit being added: --
1 the amount of money that is spent to produce goods or services before any profit is added for the manufacturer or producer, or the price that a store, etc. pays for goods that it is going to sell: --
Subject to this qualification, sales are at cost price.
The question is: do we want to internalise that in the cost price, do we want the polluter to pay?
These distortions cause cost price differentials for food processing manufacturers and can therefore lead to the relocation of food processing companies.
Consequently, a drop in prices will not lead to an increase in market share through higher productivity in terms of cost price.
The base contribution rate must reflect the economic cost price of new accrued liabilities in order to avoid transfers of value to workers at the expense of the other stakeholders.
This would allow the necessary productive investment and more flexibility to cushion the effects of the gap between cost price and sale price.
The yearly contributions paid by the sponsor will be equal to the ' cost price ' of newly accrued rights.
We also want to make a healthy profit, say a 100% mark-up on the cost price.