Examlex
What are the availability heuristic and the ease-of-retrieval effect? Give an example of each, either from research or from everyday life.
Market Value
The ongoing price for buying or selling a service or asset on the open market.
Equilibrium
Equilibrium refers to a state in which market supply and demand balance each other, and as a result, prices become stable.
Call Option
A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specified time frame.
Strike Price
The specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
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