Who Is 'Sanctifying' Their Deceased Husband

question 23

Multiple Choice

Who is 'sanctifying' their deceased husband?

• A)Miriam, who says, 'I think he would have liked his burial site!'
• B)Dineo, who says, 'He was the greatest human being on the face of the Earth!'
• C)Karabo, who says, 'I hope that he rots in hell!'
• D)Xoliswa, who says, 'I really miss him!'

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Definitions:

Implicit Costs

They represent the opportunity costs of using resources that a company already owns, rather than the out-of-pocket expenses.

Economic Costs

The total cost of production, including both explicit costs like wages and materials and implicit costs such as opportunity costs.

Accounting Profit

The total revenue of a business minus the explicit costs associated with that revenue, calculated using generally accepted accounting principles (GAAP).

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full adjustment to changes.