The ______ model of leadership emphasizes that leaders have different sorts of relationships with different subordinates.
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<h3>What are economic profits?</h3>Generally, The difference between the income obtained from the sale of a product and the costs of the inputs utilized, in addition to any opportunity costs, determines whether an economic activity results in a profit or loss.
When determining the level of economic profit, the amount of revenue received is subtracted from both the opportunity costs and the explicit expenses.
Read more about economic profits
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