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| 1 | Nadia Adams | 11 | Linda Brescia | |
| 2 | Timothy Ames | 12 | Glenn Cave | |
| 3 | Nancy Ames | 13 | Charies Criscione | |
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Firm
An organization that produces goods or provides services, usually with the aim of making a profit.
Economic Profit
The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.
Minimum Return
The lowest expected or required return on an investment over a specified period.
Long Run
A period of time in which all factors of production and costs are variable, allowing for all adjustments to take place in the analysis of economic conditions.
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