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Solve the problem.
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a. Write a matrix A that represents the coordinates of the quadrilateral. Place the x-coordinate of each point in the first row of A and the corresponding y-coordinate in the second row of A.
b. What operation on A will shift the graph of the quadrilateral 2 units upward?
Efficient Market
A market in which prices fully reflect all available information and assets are priced accurately.
Moral Hazard
The situation where one party takes risks because they know they will not bear the full consequences of their actions, often due to asymmetric information or contracts.
Supply Curve
A visual model that illustrates the association between the pricing of goods and their supply quantity.
Diversification
Reducing risk by investing in several different things, so that the possible losses are independent events.
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