Wisdomics-Gracenomics and The Cost of Capital Goods

The costs of capital goods (the means of production and their maintenance) are already factored into consumer goods by virtue of the cost accounting convention that all costs must go into price. Hence they are factored fully at the point of final retail sale into each and all consumer goods, and that is one of the reasons why the discount/rebate policy is so effective.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s