Examlex
This process should result in only 3-5% of students requiring a full evaluation for exceptional learning needs or special education.
Accounting Profit
The difference between total revenue and explicit costs, indicating the financial gain recorded in the books of accounts.
Entrepreneurial Talent
The unique set of skills, creativity, innovation, and risk-taking abilities that entrepreneurs possess to start and manage businesses.
Implicit Costs
Non-out-of-pocket costs, often opportunity costs, that represent the lost opportunity to use resources in an alternative way.
Short Run
The period of time during which at least one input, such as plant size, is fixed and cannot be changed.
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