Examlex
As production increases, fixed costs per unit ____.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification of an investment portfolio.
Security Market Line
A representation in the capital asset pricing model (CAPM) showing the relationship between expected return and systematic risk.
Risk Premium
The extra return expected by an investor for holding a risky asset instead of a risk-free asset.
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