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Your text describes four cognitive functions that involve the central executive.Provide an example of an everyday task demonstrating each of these functions,and explain how each example involves the central executive.
Accounting Profit
The financial gain calculated by subtracting total expenses from total revenues, according to standard accounting principles.
Economic Profit
The profit from undertaking an activity after subtracting both the explicit and implicit costs associated with that activity.
Implicit Costs
Expenses that do not involve a direct monetary payment but represent the opportunity cost of using resources owned by the company or individual.
Average Cost of Production
The total cost of production divided by the quantity of output produced, indicating the cost to produce each unit of output.
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