Examlex
The five kingdom system of classification was set up by
Economic Costs
The comprehensive expense incurred from selecting one option over another, covering both direct and indirect costs.
Own Capital
The personal resources that an investor or business owner invests into a business venture.
Economic Costs
Total expenses incurred in the production of goods and services, including both explicit and implicit costs.
Own Capital
The funds or assets owned by a business or individual, invested to start or operate a business.
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