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An environmental risk factor closely related to mood disorders is negative thought patterns, or
Sunk Costs
Expenses that have already been incurred and cannot be recovered or refunded.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.
Explicit Costs
Input costs that require an outlay of money by the firm
Long-Run Equilibrium
A state where all factors of production and costs are variable, allowing firms to make adjustments leading to the ideal output level.
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