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Who would have larger numbers of bacteria living on the surface of their skin-a person living in the tropics or in the desert, and why?
Total Profit
The financial gain obtained when total revenue exceeds total expenses from business operations.
Graph
A diagram representing data visually, using lines, bars, or other symbols.
Implicit Cost
Refers to the opportunity costs that are not directly paid for in money but represent the loss of value from using resources for a particular venture instead of their best alternative use.
Explicit Cost
Direct, out-of-pocket payments for goods or services used in the production of a product or offering of a service.
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