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Listeners who attend to what others say only to attack or ambush them._______
Explicit Costs
Direct, out-of-pocket payments for costs of production, such as wages, rent, and materials, that a company incurs in conducting its business.
Implicit Costs
Costs that represent the opportunity cost of using resources that a business already owns, rather than explicit outlays of cash.
Total Revenue
The total amount of money received by a company from selling goods or services before any expenses are subtracted.
Explicit Costs
Direct, out-of-pocket payments for resources or services used in the production of goods or services.
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