Various Classifications of Joints Are Based on

question 157

Multiple Choice

Various classifications of joints are based on

• A)range of motion permitted.
• B)structural composition.
• C)specific type of movement.
• D)All of the answers are correct.
• E)None of the answers are correct.

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Definitions:

Opportunity Costs

The cost of forgoing the next best alternative when making a decision or choice.

Implicit Costs

Indirect, non-out-of-pocket expenses which represent the opportunity costs of using resources owned by the firm for its operations.

Accounting Profit

The difference between total revenue and explicit costs.

Economic Profit

The difference between total revenue and total costs, including explicit and implicit costs.