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This. If I go up to my boss and say “I spent $10000 but it only cost us $1000” then I spent $1000.
by mathgeek 5mo ago
This. If I go up to my boss and say “I spent $10000 but it only cost us $1000” then I spent $1000.
- stavros 5mo agoDepends on elasticity, if you could have easily sold that $1000 worth of product and made $10k, then you spent $10k.
- namenotrequired 5mo agoNo. Then you missed the opportunity to make 9k.