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# Prime Cost of Commodities

## Definition

The cost of production excluding the profit of the person who sells the commodity again, though in economic analysis this profit must be included for the seller to avoid loss.

## Source Chapter

Book I, Chapter 7

## Context

Distinguished from natural price through the observation that "what is called the prime cost of any commodity does not comprehend the profit of the person who is to sell it again."

## Economic Domain

Production

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