Examlex
According to Unlocking Innovative Solutions Through TECHNOLOGY in Chapter 12, TopCoder runs on-line contests using challenging computer programming problems to flush out first-rate programmers. This is a form of
Marginal Cost
The price of generating one more unit of a product or service.
Economic Loss
The difference between what is actually earned and what could have been earned in the best alternative scenario.
Parking
The act of halting a vehicle and leaving it unoccupied for a duration, often in a designated area or lot.
Opportunity Costs
The detriment faced for not opting for the immediate next best possibility during decision implementation.
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