In short statement what does..

Question

Cost structure: higher operational cost justify the price.

Answer 1

A higher operational cost means that a business incurs significant expenses in running its operations, which necessitates higher prices for its products or services to maintain profitability.

Answer 2

Please clarify in clear form

Answer 3

The term "cost structure: higher operational cost justifies the price" means that a business has high expenses associated with its operations. Because of these increased costs, the business needs to charge higher prices for its products or services to cover expenses and remain profitable.