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Where are macros recorded with the macro recorder stored?
Total Economic Cost
The sum of explicit and implicit costs, representing the total expense associated with producing a good or service.
Total Revenue
The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.
Normal Profit
The minimum profit necessary for a company to remain competitive in the market, often considered the cost of doing business.
Marginal Cost
The cost increase associated with the production of an extra unit of a product or service.
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