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.
Implicit Cost vs Explicit Cost. Implicit and explicit costs are two types of costs that occur in a company. Both implicit and explicit costs come after a business transaction or activity. They can occur in any business activity like marketing distribution, production, or recruitment.