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Technological advances can cause the labor demand curve to shift.
Total Risk
The entire range of uncertainties including market and specific risks that affect the value of an investment.
Unsystematic Risk
The risk associated with a particular company or industry, as opposed to the market as a whole; also known as specific or idiosyncratic risk.
Market Level
The current status or position of prices, stocks, or commodities within a particular market.
Systematic Risk
Market-wide or market segment-specific dangers that cannot be eliminated by diversifying one's investment portfolio.
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