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Why are mice used so commonly as a model organism? Compose an argument and state the advantages of mice over other species. Cite specific examples.
Unsystematic Risk
The risk associated with a particular company or industry, also known as idiosyncratic risk or specific risk.
Retail Industry
The sector of the economy that sells consumer goods directly to customers.
Systematic Risk
The inherent risk associated with the entire market or market segment, which cannot be avoided through diversification.
Diversified Investor
An investor who spreads their investments across various assets, industries, or geographies to reduce risk.
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