Examlex
Identify and compare the three perspectives that can be used to define probability.
Marginal Cost
The additional cost incurred to produce one more unit of a good or service.
Opportunity Costs
The forfeiture of possible benefits from other options when selecting a specific choice.
Financial Investment
The purchase of a financial asset (such as a stock, bond, or mutual fund) or real asset (such as a house, land, or factories) or the building of such assets in the expectation of financial gain.
Certificate of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.
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