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Describe a reinforcer,and offer an example of a reinforcer.
Explicit Costs
Direct, out-of-pocket expenses incurred in conducting an activity or business operation.
Economic Profit
The difference between total revenues and total costs, including both explicit and implicit costs, indicating the financial gain in an economic activity.
Accountant
A professional who is responsible for keeping and interpreting financial records, ensuring accuracy and compliance with laws.
Economist
A professional who studies the production, distribution, and consumption of goods and services, focusing on economic theories and practices.
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