The wordimplicitcan also mean “unquestioning or unreserved,” which is how it’s used in phrases likeimplicittrustandimplicitobedience. Sometimes, it means “inherent.” This is how it’s used in the phraseimplicit bias, which refers to a prejudice that someone has without knowing it. It can...
It is the opposite of implicit cost; a non-tangible expense—also known as opportunity cost. Accountants focus on explicit expenses for cost management and strategic planning.Explicit Cost Explained Explicit costs, also known as explicit expenses, are the real expenses incurred by a company. Exp...
Business Economics Total cost What are the primary differences between implicit and explicit costs?Question:What are the primary differences between implicit and explicit costs?CostA cost is an amount that has been incurred in the production of a particular commodity. The costs are divided ...
The advantages for LS-DYNA with its efficient parallel scalability range from dramatic cost-performance improvements to high-fidelity solutions on clusters for simulations that were only recently judged as practical. For today's levels of advanced CAE simulation, I/O requirements have become a growing...
actual values, suggesting that seawalls may not provide significant protection of the coastlines. In addition to indicating the insignificant effect of seawalls for cyclone mitigation, we have collected and analyzed benefit/cost ratio data to show other ecosystem services provided by ‘green ...
(2013) [18] revealed that economic growth is attained with high ecological cost and that ECC declines gradually during rapid urbanization. Zhang et al. (2016) [19] took Chongqing as the research subject and proposed that the ECC of the central city districts differs from that of other ...