Examlex
Humanity (Homo sapiens)lacks distinct races because human populations have not been isolated enough from one another to develop into discrete groups.
Private Cost
The cost incurred by a person or a firm directly involved in a transaction, excluding any external or social costs.
Efficient Outcome
A situation where resources are allocated in the most effective way possible, maximizing benefits without wasting resources.
Home Business
A business operated from the owner's home, often characterized by lower overhead costs and flexible working hours.
Greasy Motorcycle Parts
Components of a motorcycle that are typically covered in oil or grease, either for operational purposes or from lack of cleaning.
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