Examlex
Unrestrained monopolies are criticized because they restrict output and reduce innovation.
Systematic Risk
The inherent risk associated with the entire financial system or market, which cannot be eliminated through diversification.
Risk-Averse
A description of an investor or investment strategy that prioritizes the minimization of risk over potential returns.
Total Risk
Total risk encompasses all the various types of risk a business or investment might face, including both systematic and unsystematic risks.
Unsystematic Risk
A type of risk that is specific to a single company or industry, also known as diversifiable or idiosyncratic risk.
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