Examlex
Dementia is characteristic of normal aging.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Marginal Utility
The added gratification or usefulness experienced from the consumption of an additional unit of a good or service.
Risk-Averse
A characteristic of preferring to avoid risk, often leading to choices that have lower potential returns to minimize possible losses.
Income
Income is the financial earnings received by an individual or entity, typically measured in terms of money earned from employment, investments, or business operations.
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