The difference between price and cost

Reading a book last night, this stood out:

“You seem quite convinced of his veracity.”
“The man’s word is something more than a vague promise.”
“Are you saying he never lied to you?”
“Not exactly. I was an enemy officer.”
“So, in this word of honor business, you believe he never breaks it?”
“I have seen him do so. But the cost was huge.”
“He breaks it for a price, then.”
“Not for a price. A cost.”
“I fail to see the distinction.”
“A price is something you get. A cost is something you lose.”

I sense this is the difference between what many of you think you’re negotiating for, especially with contractors. You think you’re talking about price. But for a vendor dealing with an unknown quantity, the issue is calculating cost.

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6 comments

  1. Kathleen says:

    Dosfashionistas is evil! She sent me the first and the last book in the series meaning I’ve got to get the middling seven or so. Like now.

    I’m getting her back tho. I’m sending her Sheri Tepper’s _Singer From the Sea_.

  2. Cymru Llewes says:

    I second the recommendation for Lois McMaster Bujold. I really want a Vor book about Ivan Vorpatril. Miles, and I can’t believe I’m saying this, has gotten a bit boring.

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