Examlex
What is the seepage of water out of an aging gel because of the contraction of the gel called?
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking a different course of action.
Attending College
The act of enrolling and participating in an academic program at a college or university.
Scarce Resources
Resources that are limited in availability and are not sufficient to satisfy all the various ways a society wants to use them.
Efficient Market
a market hypothesis asserting that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns.
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