Open ruhl0029 opened 8 years ago
We use "cogs" (e.g. table 2.2) to mean intermediate goods. The accounting definition of cogs, which students are learning in other classes, includes labor and overhead. We should stop using that language.
We use "cogs" (e.g. table 2.2) to mean intermediate goods. The accounting definition of cogs, which students are learning in other classes, includes labor and overhead. We should stop using that language.