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A tidal pattern of two equal high and low tides per day is called a:
Expected Rate of Return
The anticipated amount of profit or loss from an investment, considering the potential risks and rewards.
Interest Rate
The percentage at which interest is charged or paid on a loan or investment over a specific period of time.
Normal Profit
The profit level that allows a business to cover its costs, including the opportunity cost of capital, without making an economic profit.
Economic Cost
The total cost of choosing one action over another, including both explicit costs (direct payments) and implicit costs (opportunity costs).
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