Examlex
Ore deposits that are formed when minerals are concentrated by the mechanical sorting action of river currents are called _________ deposits.
Utility Bill
A monthly fee paid for services such as electricity, water, and gas consumption.
Economic Costs
The total cost of choosing one action over another, including both explicit costs (direct payments) and implicit costs (opportunity costs).
Accounting Costs
Explicit costs involving monetary payment or outlay by an organization or individual for goods or services.
Economic Profit
The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.
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