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Which of the following is NOT a notable aspect of the ancient cities of Mohenjo-Daro and Harappa?
Implicit Costs
The opportunity costs of using resources owned by the firm for its own use, rather than earning income from these resources elsewhere.
Explicit Costs
Direct, out-of-pocket payments for inputs or resources employed in the production of goods or services.
Total Cost
The aggregate amount of expenses incurred by a business in producing goods or services, including both fixed and variable costs.
Economic Profit
The variance between gross receipts and all outlays, including both tangible and intangible costs.
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