Examlex
About one man in two and one woman in three in Canada will eventually develop cancer if they live long enough.
Expected Revenue
Expected revenue is the amount of money a business anticipates earning over a specific period, based on forecasted sales volumes and prices.
Rationally
Making choices that are consistent and in line with one's self-interest, guided by the use of reason and available information.
Sealed-Bid
A type of auction or tender where bidders submit confidential offers, and usually, the highest bid wins without the bids being disclosed to other participants.
Second-Price Auction
In a second-price auction, the highest bidder wins but pays the price bid by the second-highest bidder, encouraging participants to bid their true value.
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