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retail price of a mobile phone (unsubsidized) has decreased from $4,000 in 1983 when Motorola commercialized the device to less than $99 today as the volume increased from zero to millions of units sold.This is due in large part to which type of pricing approach?
Systematic Risk
The danger that applies to the whole market or a section of the market, which cannot be mitigated by diversifying investments.
Risk Premium
The additional return expected by an investor for taking on a higher risk compared to a risk-free asset.
Total Risk
The complete range of uncertainties including market, credit, liquidity, and operational risks that can affect the performance and valuation of investments.
Portfolio Concentration
The over-representation of a particular asset class, sector, or stock within an investment portfolio, leading to heightened risk.
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