Examlex
What is risk tolerance? Provide an example.
Utility Function
A utility function represents a consumer's preference for a set of goods and services, showing satisfaction levels for different consumption bundles.
Stock Market
A public market for the trading of company stock and derivatives at an agreed price; it is a key component of the economy.
Day Trader
An investor who buys and sells securities within the same trading day.
Utility Function
An economic model or formula that represents a consumer's preferences by assigning a utility value to each possible choice or bundle of goods.
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