Examlex
'Avoidance' is playing down differences while emphasising common interests between the conflicting parties.
Absolute Advantage
The ability of an entity to produce more of a good or service with the same amount of resources, or the same amount of a good or service with fewer resources, than competitors.
Opportunity Cost
The cost associated with not pursuing an alternative option when a decision is made, reflecting the trade-offs inherent in decision-making.
Summer School
Educational programs or classes offered during the summer vacation period to provide additional learning opportunities.
Full-Time
Employment status where individuals work a minimum number of hours defined by their employer or national regulations, usually around 40 hours per week.
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