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According to classical mechanics, the energy of an electron in a hydrogen atom can assume any positive value. V - the energy of an electron in a hydrogen atom.
Classify the random variable V as finite, discrete infinite, or continuous.
Implicit Cost
The opportunity costs of using resources that a firm already owns to make its products, as opposed to renting, selling, or using them in another way.
Forgone Rent
The potential income lost by choosing to use a property or resource in a way that is not financially optimal or by not using it at all.
Economic Profits
The surplus generated from business activities after accounting for both explicit and implicit costs, including opportunity costs, representing above-normal returns.
Explicit Costs
Direct, out-of-pocket payments for costs of production, such as wages, rent, and materials, that a company incurs in conducting its business.
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