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You own a hamburger franchise and are planning to shut down operations for the day, but you are left with 12 bread rolls, 17 defrosted beef patties, and 13 opened cheese slices. Rather than throw them out, you decide to use them to make burgers that you will sell at a discount. Plain burgers each require 1 beef patty and 1 bread roll, double cheeseburgers each require 2 beef patties, 1 bread roll, and 2 slices of cheese, and regular cheeseburgers each require 1 beef patty, 1 bread roll, and 1 slice of cheese. How many of each should you make ?
Beta
A standard for evaluating the unpredictability, or fundamental risk, of a security or diversified portfolio in contrast with the entire market.
Non-diversifiable Risk
The portion of risk that can't be eliminated through diversification, often related to systemic factors affecting all investments.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Systematic Risk
Systematic risk refers to the overall market risk that cannot be eliminated through diversification, affecting all investments to some extent.
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