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Where marginal cost is less than average cost,
Country B
A hypothetical or specific reference to a nation identified as "B" for analysis or discussion purposes.
Self-selection
A situation where individuals select themselves into a group, causing potential bias in statistical analysis due to non-random sample characteristics.
Migration
The movement of people from one place to another with the intentions of settling, temporarily or permanently, in a new location. This can be driven by factors such as economic, social, political, or environmental reasons.
Highly Skilled Immigrants
Highly skilled immigrants are individuals who migrate to another country and possess specialized knowledge or skills, often contributing to the host country's workforce in sectors such as technology, healthcare, and education.
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