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When using a computerized scheduling system,a(n) _____ refers to having specified time periods automatically blocked out.
Economic Profits
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the profitability of a firm beyond normal profit levels.
Marginal Revenues
Represents the additional income generated from the sale of one more unit of a good or service.
Total Revenues
The gross revenue obtained from merchandise or service transactions before removing any operational expenses.
Total Revenue Curve
A graphical representation showing the relationship between the total revenue received by a firm and its quantity of output sold.
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