Yes, the selling price of an item is a function of the cost of making the item.
A function connects an input with an output. It is analogous to a machine with an input and an output. And the outcome is somehow connected to the input.
Cost is often the expenditure incurred for producing a product or service that a firm sells. The selling price is the amount paid by the buyer to purchase a product or products.
The selling price of an item is a function of the cost of creating the item since the manufacturer must sell at a price higher than the cost of making the item in order to recoup his investment and make a profit.
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