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.
MicroeconomicsTopic 1: âExplain the concept of opportunity cost and explainwhy accounting profits and economic profits are not the same.âReference: Gregory Mankiwâs Principles of Microeconomics, 2 nd edition, Chapter 1 (p.3-6) and Chapter 13 (p. 270-2).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.