Examlex
Which of the following facial features did the Sapi associate with African adornment and use as an identifier in their saltcellars?
Economic Profits
The difference between total revenues and total costs, including both explicit and implicit costs, representing the additional gain to entrepreneurs beyond the normal profit rate.
Accounting Profits
The financial gain calculated by subtracting total explicit costs from total revenue, according to standard accounting practices.
Industry Expansion
The growth in production, workforce, or market share within a specific sector of the economy.
Constant-cost Industry
An industry in which the costs of production or the prices of inputs do not change as the industry expands or contracts.
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