Examlex
Simplify the expression.
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Opportunity Cost
The cost of missing out on potential benefits from other alternatives when making a choice.
Forgone Current Income
The income an individual or entity could have earned but chose to forego for pursuing an alternative.
State Universities
Public institutions of higher education that are primarily funded by a state or local government.
Opportunity Cost
The result of losing potential upsides from other choices by committing to one.
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