Examlex
The price received by a firm in a perfectly competitive market:
Heterogeneous Expectations
A financial theory assumption that different investors have varied predictions about future market or asset performance.
Holding Period
The duration between the purchase and sale of a security or investment.
Price Takers
Parties in a market who accept prevailing prices because they have no power to influence the market price due to their small scale of operations or the competitive nature of the market.
Capital Gains
The amount by which the sale price of a security exceeds the purchase price.
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