Examlex
If one were to draw indifference curves representing preferences over two varieties of red apple,it is likely that one would draw them as:
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Returns
The profit or loss derived from an investment, often expressed as a percentage of the investment amount.
Dividend Yield
A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.
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