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.
This $300 opportunity cost includes both the $100 explicit cost of seedand the $200 implicit cost of Farmer Jones giving up teaching banjo lessons to plantwheat. Farmer Jones earns an economic profit of $100 ($400 minus $300), which is lowerthan his accounting profit of $300 ($400 minus $100).he opportunity cost of this capital is whatJosephine could have earned if she had taken the money and invested it elsewhere. If therate of return on her best alternative investment opportunity is 10%, the implicit cost ofcapital is $10,000.