Examlex
A rational decision maker takes an action if and only if the marginal benefit exceeds the marginal cost.
Higher Standard
An elevated or improved level of quality or excellence.
Developed Countries
Nations with advanced economies characterized by high industrialization, significant gross domestic product (GDP) per capita, and generally high standards of living.
Secular Trend
Long-term patterns or trends in society that occur over generations, often linked to changes in health, growth, or societal norms and structures.
Developed Countries
Nations with relatively high levels of economic wealth and standard of living, often characterized by strong infrastructure, education systems, and healthcare.
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