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Brain damage to the temporal lobe, where recent memory is processed, can impair long-term memory.
Explicit Costs
Direct payments made to others in the course of running a business, such as wages, rent, and materials.
Total Revenues
The overall amount of money generated by a business from its sales or services before any costs or expenses are deducted.
Normal Rate
The standard or average rate at which something occurs, such as interest rates, inflation, or unemployment rates.
Accounting Profit
The net income of a business as calculated by subtracting total expenses from total revenues, according to standard accounting principles.
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