Examlex
Certain types of groups are less structured and formal than others.
Marginal Cost
The cost incurred by producing one additional unit of a good or service.
Sunk Cost
A cost that has already been incurred and is not recoverable.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision.
Europe Trip
A journey or vacation taken to any of the countries within the continent of Europe, often for sightseeing, relaxation, or cultural exploration.
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