Examlex
Most conflicts that adolescents have with their parents are about the "big" things in life, such as choosing a mate or career, determining a religious orientation, and making a commitment to a set of social and political values.
Explicit Costs
Payments made directly to individuals or entities for business operations, including salaries, leasing costs, and supplies.
Implicit Costs
The opportunity costs of using resources that a firm already owns, rather than the expenses directly paid out.
Explicit Costs
Direct, out-of-pocket expenses incurred by a firm or individual for business operations or activities.
Accounting Profits
The financial gain calculated by subtracting total explicit costs from total revenues, using generally accepted accounting principles.
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