Examlex
A(n) ____ is equivalent to 12 points.
Savings Account
A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the efficiency with which a company utilizes its resources.
Explicit Costs
are direct, out-of-pocket payments for expenses incurred by a business or individual.
Revenues
The total income generated by a company or organization from its activities, before any expenses are subtracted.
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