Examlex
If a farmer's opportunity cost of producing 50,000 bushels of wheat is 20,000 fewer bushels of soybeans, then his or her opportunity cost of producing 50,000 bushels of soybeans must also be 20,000 fewer bushels of wheat.
Multiculturalism
A social and political approach advocating for the respect, acknowledgement, and accommodation of cultural diversity within a society.
Gift
An item given voluntarily to someone without expectation of payment or anything in return as a token of affection or appreciation.
Bribe
An illegal practice involving the offering, giving, receiving, or soliciting of something of value as a way to influence the actions of an individual holding a public or legal duty.
Code of Ethics
A set of principles and rules used by an organization to guide the conduct of its members and decision making.
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