Examlex
Research indicates that bilingual children have better phonological awareness skills than monolingual children.
Opportunity Cost
Giving up possible gains from several options by choosing a particular one.
Bowed Outward
A description of the shape of a curve on a graph, such as the production possibilities frontier, indicating increasing opportunity costs.
Opportunity Cost
The penalty of dismissing the closest superior alternative when engaging in the process of decision-making.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources, technology).
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