Examlex
Blockage of which of the following would cause hydrocephalus?
Interest Rate
The price, in the form of a percentage based on the principal, that a borrower pays to a lender for accessing their assets.
Normal Profit
The minimum level of profit needed for a company to remain competitive in the market, essentially covering the opportunity costs of the business owner.
Entrepreneurial Talent
The unique set of skills, creativity, and innovation that entrepreneurs bring to create and manage new ventures.
Explicit Costs
Explicit costs refer to the direct, out-of-pocket payments made by businesses for the resources they use, such as wages, rent, and materials.
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