Examlex
The belief that everyone who has worked hard and attained their educational credentials should have the same opportunities in the workforce is an example of
Profit Motive
The primary incentive for businesses to operate and expand, driven by the pursuit of financial gain.
Pareto Efficient
A state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off.
Net Benefit
The total positive impact of a decision or action, subtracting any costs or negative effects associated with it.
Trade
The exchange of goods, services, or both between parties, which can occur domestically or internationally.
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