Examlex
In his criticism of introspection Comte wrote,"The mind may observe all phenomena but its own."
Annual Revenue
The total amount of money generated by a company from its activities, such as sales or services, before any expenses are subtracted, in one fiscal year.
Explicit Cost
The monetary payment made by a firm to an outsider to obtain a resource.
Accounting Profits
The net earnings of a company calculated according to generally accepted accounting principles, taking into account all explicit costs but not implicit costs.
Implicit Cost
Costs that represent the loss of potential gain from using assets in an alternative option rather than in their current use.
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