Examlex
In Mexico,those of European descent are at the top of the socio-economic pyramid and control a higher percentage of the wealth and power because they are a majority of the population.
Opportunity Cost
Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.
Cancún
A Mexican city on the Yucatán Peninsula bordering the Caribbean Sea, known for its beaches, resorts, and nightlife.
Paris
The capital city of France, known for its significant cultural, historical, and economic contributions to the world.
Marginal Analysis
An examination of the benefits and costs of an additional unit of consumption or production to help make economic decisions.
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