The amount that a dealership pays a manufacturer for a car is essentially its invoice price.
A car with a $28,000 MSRP, for instance, can have an invoice price of about $26,000, which means that the dealer paid the manufacturer $26,000 for the car. Repair costs do not include operating costs and refer to costs and expenses that are reasonably necessary or desirable owing to routine wear and tear, periodic replacement, vandalism, damage to, or destruction of any part of the facility property. In the simplest terms, total cost (TC) is the sum of all expenses spent over the course of production or activity. Total cost in economics is the sum of variable and fixed costs.
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