Normal Profits Are Profits in Excess of Both Implicit and Explicit

question 309

True/False

Normal profits are profits in excess of both implicit and explicit costs.

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Definitions:

Tachypnea

Abnormally rapid breathing, which can be a symptom of various medical conditions or responses to environmental factors.

Hyperpnea

Abnormally deep, rapid breathing.

Eupnea

Normal, unlabored breathing pattern.

Sphygmomanometers

Instruments used to measure blood pressure, typically consisting of a cuff, gauge, and a mechanism for inflation.