Examlex
Which of the following are the words most commonly used by economists?
Raw Materials
The basic materials from which products are made, often extracted from natural resources and used in manufacturing processes.
Breaking Even
The point at which total revenues equal total costs, resulting in no net loss or gain.
Net Present Value
A financial metric that calculates the present value of all future cash flows associated with a project, minus the initial investment cost.
Cost of Capital
The cost of funds used for financing a business, including the rate of return that investors demand for providing capital.
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