The meaning of existence is production

The meaning of existence is production The profitability of production is determined by the difference between the world price of the product produced and the local costs of production. If we consider machines solely as a means of reducing the price of a product, then the limit of their application is determined by the fact that the labor worth their production should be less than the labor that is replaced by their use. Production costs are divided into five elements: material costs, labor costs, social contributions, depreciation of fixed assets, other costs. Each of the elements in turn consists of many possible costs - which only do not include, for example, "other costs".