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Beryl has dated ten different men in the past two years, and with each of them she often had unprotected sex. Even though she has read numerous articles about the dangers of unprotected sexual intercourse, Beryl is not concerned because she has convinced herself that she won't contract the AIDS virus. Beryl's behavior illustrates the idea that
Expected Rate Of Return
The anticipated profit or loss on an investment, expressed as a percentage of the investment's original cost.
Perfectly Elastic
Describes a situation in market demand or supply where the quantity demanded or supplied changes infinitely in response to any change in price.
Optimal R&D
The most efficient level of investment in research and development activities that maximizes innovation and return on investment.
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