Examlex
The cost of ________ is highest for firms that can easily increase the risk of their investments.
Opportunity Cost
The expense associated with missing out on the second-best choice while deciding among multiple possibilities.
Efficient Markets
A concept that asserts that financial markets are "informationally efficient," meaning that prices of securities reflect all available information at any given time.
Opportunity Cost
The cost of choosing one alternative over another, typically representing the benefits you could have received by taking a different action.
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