Examlex
Methamphetamine accelerates the body's __________.
Implicit Costs
The opportunity costs that arise from using resources owned by the firm for its own production instead of earning revenue from these resources elsewhere.
Normal Profit
The lowest amount of profit a company must earn to stay competitive and cover its opportunity costs.
Implicit Costs
Implicit costs, also known as imputed or opportunity costs, are the costs of resources owned by the firm that are used in its own production process.
Explicit Costs
Direct, out-of-pocket payments for wages, rent, materials, and other inputs in the production process.
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