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.
All of the above answers are correct. ____ 2. When an economist uses the term cost referring to a firm, the economist refers to the. a. price of the good to the consumer. b. explicit cost of producing a good or service. c. implicit cost of producing a good or service. d. opportunity cost of producing a good or service, which includes both implicit and explicit.