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________ Is a "Computer-Based System [Which] Gives Physical Therapists Real-Time

question 31

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________ is a "computer-based system [which] gives physical therapists real-time, objective measures of the motion of each joint in the patient's body."


Definitions:

Economic Profit

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, reflecting the financial gain exceeding the opportunity cost of resources used.

Accounting Profit

Net income of a company is determined by deducting total expenses from total revenues, in line with established accounting norms.

Implicit Costs

The opportunity costs associated with a company's resources that are not directly paid out in cash but represent foregone alternatives.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision.

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