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Which one of the following is/are located in the tonsils to filter out many of the microorganisms that enter the throat?
Variable Costs
Costs that change in proportion to the level of output or activity.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.
Economic Profits
Profits exceeding the total opportunity costs of a business, indicating it is outperforming its next best alternative.
Forgone Entrepreneurial Income
The potential income an entrepreneur misses out on when choosing to start their own business rather than working for wages.
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