Examlex
All of the following statements are true EXCEPT:
Efficiency
Refers to the ability to achieve a desired result without wasting materials, time, or energy.
Equality
The circumstance in which all individuals possess identical opportunities, rights, and standing.
Opportunity Cost
The cost of the next best alternative foregone as a result of making a decision.
Tuition
The fee charged by educational institutions for instruction and other services.
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