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Figure 1.3
-If you have a choice between consuming bundle X or bundle Y, the opportunity cost of consuming bundle X is bundle Y.
Effective Leader
An individual who achieves desired results or goals through inspiring, motivating, and guiding others in a positive and strategic manner.
Diverse Cultural Backgrounds
The presence and inclusion of individuals from a wide range of cultural, ethnic, and racial backgrounds within a group or organization.
Effective Leader
An individual who influences and guides others towards the achievement of goals through their vision, integrity, and ability to innovate and motivate.
Ethical Values
The set of moral principles and standards that guide behavior and decision-making based on notions of right and wrong.
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