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What type of molecule are viroids composed of?
Explicit Costs
Direct payments made to others in the course of running a business, such as wages, rent, and materials.
Implicit Costs
Costs that represent foregone opportunities, such as the income a business owner forgoes by investing in their own company instead of elsewhere.
Explicit Costs
Directly incurred expenses in the operation of a business, such as wages, rent, and material costs, which are clearly accounted for and easy to identify.
Opportunity Costs
The potential benefits missed out on when choosing one alternative over another.
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