During the synthesis stage of the cell cycle, a cell makes (replicates its own) DNA.
Economic profits equals total revenues minus the sum of explicit costs and implicit costs. Since explicit costs are already subtracted when arriving at the accounting profit, we can find economic profit by subtracting the implicit costs from the accounting profit.
Save. Economics is the study of transactions between producers and consumers with limited resources. Because the money used to produce one product could have been used to produce something else, each transaction involves an economic cost of implicit and explicit value to both buyer and seller.xplicit costs include the exchange of money for a good or service. The implicit cost refers to the tangible costs for which no money is exchanged. Economists count the implicit and explicit costs together when determining the value of a thing.