Examlex
Anomalies associated with anencephaly include all of the following except:
Diminishing Returns
The principle that says as more of a variable input is added to a fixed input, the incremental gain in output will eventually decrease.
Normal Profits
The level of profit that is necessary to cover the costs of a firm, including the opportunity costs of capital, ensuring the firm remains in business.
Implicit Cost
The opportunity cost equal to what a firm must give up in order to use resources it already owns, without paying rent or purchasing them.
Economic Profits
The difference between a firm's total revenue and its total costs, including both explicit and implicit costs.
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