Examlex
Match the biome or aquatic system listed below with the description that best characterizes it.
-supports large grazing and browsing animals in East Africa
Risk-averse
A description of an investor or decision-maker who prioritizes minimizing risk over achieving potentially higher gains.
Certain Payoff
A guaranteed outcome or return from an investment, where the investor has absolute certainty over the amount to be received.
Asymmetric Information
A situation in which one party in a transaction has more or superior information compared to another.
Market Failures
Situations in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
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