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.
(To see that the average total cost is $180,000 if 5,000 houses are produced, go back to the numbers in Chapter 14.) Since there are 5,000 houses, the total economic profits equal $300 million (5,000 times $60,000).inally, the economic profit is calculated as before: (Price-Average Total Cost) times Quantity. The economic profit is shown as the area of the rectangle of which bcde shows the four corners. ($240,000 - $180,000) times 5,000 houses is equal to $300 million.