Cost

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.

More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes.

Costs (pl.) are often further described based on their timing or their applicability.

Types of accounting costs

Life

Life is a characteristic distinguishing physical entities having biological processes (such as signaling and self-sustaining processes) from those that do not, either because such functions have ceased (death), or because they lack such functions and are classified as inanimate. Various forms of life exist such as plants, animals, fungi, protists, archaea, and bacteria. The criteria can at times be ambiguous and may or may not define viruses, viroids or potential artificial life as living. Biology is the primary science concerned with the study of life, although many other sciences are involved.

Throughout history there have been many theories about life including materialism, hylomorphism and vitalism. Even today it is a challenge for scientists and philosophers to define life. The smallest contiguous unit of life is called an organism. Organisms are composed of one or more cells, undergo metabolism, maintain homeostasis, can grow, respond to stimuli, reproduce (either sexually or asexually) and, through evolution, adapt to their environment in successive generations. A diverse array of living organisms can be found in the biosphere of Earth, and the properties common to these organisms are a carbon- and water-based cellular form with complex organization and heritable genetic information.

Artemis

Artemis (/ˈɑːrtᵻmᵻs/; Ancient Greek: Ἄρτεμις, Ártemis, Greek pronunciation: [ár.te.mis]) was one of the most widely venerated of the Ancient Greek deities. Her Roman equivalent is Diana. Some scholars believe that the name, and indeed the goddess herself, was originally pre-Greek. Homer refers to her as Artemis Agrotera, Potnia Theron: "Artemis of the wildland, Mistress of Animals". The Arcadians believed she was the daughter of Demeter.

In the classical period of Greek mythology, Artemis was often described as the daughter of Zeus and Leto, and the twin sister of Apollo. She was the Hellenic goddess of the hunt, wild animals, wilderness, childbirth, virginity and protector of young girls, bringing and relieving disease in women; she often was depicted as a huntress carrying a bow and arrows. The deer and the cypress were sacred to her. In later Hellenistic times, she even assumed the ancient role of Eileithyia in aiding childbirth.

Etymology

The name Artemis (noun, feminine) is of unknown or uncertain origin and etymology although various ones have been proposed.

Essential oil

An essential oil is a concentrated hydrophobic liquid containing volatile aroma compounds from plants. Essential oils are also known as volatile oils, ethereal oils, aetherolea, or simply as the oil of the plant from which they were extracted, such as oil of clove. An oil is "essential" in the sense that it contains the "essence of" the plant's fragrance—the characteristic fragrance of the plant from which it is derived. The term essential used here does not mean indispensable as with the terms essential amino acid or essential fatty acid which are so called since they are nutritionally required by a given living organism.

Essential oils are generally extracted by distillation, often by using steam. Other processes include expression, solvent extraction, absolute oil extraction, resin tapping, and cold pressing. They are used in perfumes, cosmetics, soaps and other products, for flavoring food and drink, and for adding scents to incense and household cleaning products.

Essential oils have been used medicinally in history. Medical applications proposed by those who sell medicinal oils range from skin treatments to remedies for cancer and often are based solely on historical accounts of use of essential oils for these purposes. Claims for the efficacy of medical treatments, and treatment of cancers in particular, are now subject to regulation in most countries.

Young Living

Young Living is a Lehi, Utah based company which uses multi-level marketing to sell essential oils and other related products. The company was founded in 1993 by Donald Gary Young.

Company info

Young Living is a multi-level marketing company; i.e. the company recruits "thousands of independent distributors who can sell directly to customers and earn commissions on sales to distributors recruited into a hierarchical network called 'downlines'."

In August 2013, Young Living filed suit against doTerra for theft of trade secrets, alleging that the company had recreated their production process illegally. Chemist Robert Pappas has said the oils, which were tested by the Centre national de la recherche scientifique, did not apparently match any oils sold by doTerra. Additionally, Pappas has given a court deposition saying that Young Living utilized synthetic chemicals in some of their organic products.

In September 2014, the U.S. Food and Drug Administration warned Young Living against marketing its products as possible treatments or cures for Ebola.