25 Most Expensive Things In The World
If you won the lottery tomorrow...how would you spend the money? Buying fancy cars? Going on ridiculous vacations? Having $1 million worth of diamonds attached to your cellphone? As you read through this list keep in mind that every day an estimated 16,000 kids die of hunger. That amounts to 1 child every 5 seconds, and as ridiculous as some of the items on this list of the 25 most expensive things in the world are, its hard not to feel a profound sadness on behalf of humanity by the time you get to the end.
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. (source : wikipedia