Types of Risks Associated with Financial Decisions May Include

question 46

Multiple Choice

Types of risks associated with financial decisions may include:

• A)Income risk
• B)Personal risk
• C)Liquidity risk
• D)Inflation risk
• E)All of these

Identify the conditions under which monopolies lead to deadweight loss.

Analyze the effect of monopoly pricing on consumer and producer surplus.

Understand the regulatory approaches to curb monopolistic powers and their implications.

Distinguish between monopoly and monopsony power in markets.

---

Definitions:

Selective Attention

Selective attention is the process by which a person focuses on one particular object or task while ignoring other stimuli or information.

Cocktail Party Effects

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, as if at a noisy party.

Inattentional Blindnesses

A psychological phenomenon where an individual fails to perceive an unexpected stimulus in plain sight when their attention is focused on another task or aspect of their environment.

Evolutionary Psychology

A contemporary evolutionary perspective used in the social and natural sciences to scrutinize psychological structures.