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Cues in an experiment that tells participants what behaviour is expected of them are called
Competitive Markets
Markets where many buyers and sellers trade goods and services under conditions of few restrictions, leading to the best prices for both parties.
Opportunity Cost
The advantage lost by selecting one option instead of another.
Full-tuition Scholarships
Financial awards covering the entire cost of tuition for students, often based on academic merit, need, or other criteria, provided by educational institutions or donors.
Comparative Advantage
The ability of a country or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient international trade.
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