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The electron configuration of the sulfide ion (S2-) is ________.
Implicit Costs
The opportunity costs of using resources owned by the firm for its own production, instead of earning income elsewhere.
Explicit Costs
Direct, out-of-pocket payments made for the operation of a business, such as wages, rent, and materials.
Accounting Profits
The difference between total revenues and explicit costs, representing the net income reported on a company's financial statements.
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