Examlex
Which of the following individuals is most likely to benefit from electroconvulsive therapy?
Implicit Costs
The opportunity costs that are not directly paid out but represent the loss of potential income from using resources in a certain way.
Opportunity Costs
Missing out on possible advantages from other choices by opting for a particular alternative.
Externalities
Spillover effects of an activity that influence the well-being of nonconsenting parties.
Opportunity Cost of Capital
The potential return that is foregone by investing capital in one project rather than an alternative investment.
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