Monatary cost ? what's dose this meannin plain english !?
If you are referring to monetary cost, it is the prevailing market price of goods. Monetary cost is often contrasted with Opportunity Cost which is oosley defined as the value of the next best alternative. This is explained in detail at http://wizznotes.com/economics/nature-of-economics/opportunity-cost-and-monetary-cost.
Monetary costs? Of or having to do with money, cash, bread, moolah, dead Presidents, etc. Plain enough?