Examlex
The process of coming to a conclusion or making a judgment without conscious awareness of the thought processes involved is called:
Economic Profit
The total revenue of a business minus its total costs, including both explicit and implicit costs.
Average Variable Cost
The total variable cost divided by the total output, indicating the variable cost for producing one more unit of a good or service.
Economic Profit
A measure of profitability that accounts for the full opportunity costs of all resources employed, including both tangible and intangible costs.
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