Examlex
Evidence for the idea that relationships act as a form of social control was found in a study of cocaine use among men.In this study the only group of men that showed an increase in cocaine use was men who were __________ at baseline and were __________ two years later.
Implicit Cost
Refers to the opportunity costs that are not directly paid for in money but represent the loss of value from using resources for a particular venture instead of their best alternative use.
Explicit Cost
Direct, out-of-pocket payments for goods or services used in the production of a product or offering of a service.
Sole Proprietor
An individual who owns and operates a business alone, bearing all the responsibilities and benefits of the business.
Short Run
A timeline in economics where at least one factor of production is fixed, constraining the ability to adjust to changing economic conditions.
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