Prices

The answer to the crossword question ‘Prices is COSTS’ refers to the fact that prices are essentially the costs involved in the production or acquisition of a product or service, along with any additional expenses such as marketing, distribution, and profit margin. In other words, the price of an item reflects the total costs incurred by the seller or manufacturer to bring that item to market. This may include factors such as raw materials, labor, transportation, packaging, and overhead costs. Understanding the relationship between prices and costs is important for both consumers and businesses, as it can help inform pricing strategies, purchasing decisions, and profitability.