Examlex
Sperm cannot fertilize an ovum unless it has been in the female reproductive tract for several hours. This enhanced ability of the sperm to fertilize the ovum is called capacitation. In vitro studies indicate that freshly ejaculated sperm can fertilize the ovum if they are first rinsed in salt solution before being introduced to the ovum. These observations suggest that
Opportunity Cost
The real cost of an item: what you must give up in order to get it.
Explicit Cost
Direct, out-of-pocket payments for expenses incurred in business operations, such as wages, rent, and materials.
Monetary Cost
The amount of money that must be paid or spent to acquire goods, services, or assets.
Implicit Cost
The opportunity costs that arise from using assets, resources, or funds in specific ways rather than the next best alternative.
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