recover cost

“By law, the system has to operate without a subsidy. The fares that would be necessary to begin to recover cost will be so high that there will be insufficient demand for that mode of transportation.”

As advanced economies continue to recover, cost pressures within health systems that are currently being suppressed will push up budgets again.

“If you tell an innovator to set prices low enough that everybody can afford it, how can a company recover cost?” says Iyer.

The Port Authority will have to spend an extra $1.6 billion on the World Trade Center rebuilding if it fails to recover cost overruns for delayed projects such as the National September 11 Memorial and Museum.

“We have sought to mitigate the impact of commodity inflation on consumers by pricing to recover cost rather than to maintain margin,” Chief Executive Officer Paul Polman said in the statement.