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.
And the Federal Reserve Board lowers interest rates to 4.0%. Your implicit costs are now $20,000 + $8,000 + $2,000 = $30,000. Your accounting profit of $35,000 is now equivalent to an economic profit of $5,000.Congratulations! You are in the right business.our implicit costs are now $20,000 + $8,000 + $2,000 = $30,000. Your accounting profit of $35,000 is now equivalent to an economic profit of $5,000. Congratulations! You are in the right business.