Examlex
The JCM contends that these dimensions are required for a high level of motivation among workers.
Opportunity Cost
The advantage lost by selecting one option instead of another.
Full-tuition Scholarships
Financial awards covering the entire cost of tuition for students, often based on academic merit, need, or other criteria, provided by educational institutions or donors.
Comparative Advantage
The ability of a country or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient international trade.
Specialize
Focusing one’s efforts in a specific domain or area of expertise, often to increase efficiency and skill.
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