Examlex
A yard sale is an example of a market.
Profit
The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Fizzle & Sizzle
An informal term indicating the contrasting outcomes of events or products; "fizzle" for failing and "sizzle" for succeeding amazingly.
Implicit Cost
The opportunity cost associated with a firm's use of resources that it already owns, representing the income the firm foregoes by using these resources in its current capacity.
Total Revenue
The total amount of money received by a company from sales of its products or services, before any expenses are subtracted.
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