Examlex
Match each of the cell structures with its function or description.
-Short,hairlike structures on the free side of some cells
Explicit Costs
Costs that involve direct monetary payment by a firm for the resources needed in production, such as wages and materials.
Implicit Costs
The opportunity costs of utilizing resources owned by the company for its operations instead of other purposes.
Accounting Profit
The financial gain calculated by subtracting total explicit costs from total revenues, excluding the consideration of implicit costs or opportunity costs.
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