Examlex
Which of the following is not a characteristic of a perfectly competitive market?
Standard Deviation
A measure of the dispersion or variation in a distribution or set of data, indicating how much individual values differ from the mean.
Coefficient of Variation
A statistical measure of the dispersion of data points in a data series around the mean, expressed as a percentage.
Expected Returns
The anticipated amount of profit or loss an investment is projected to generate.
Risk Aversion
A preference for lower-risk options over higher-risk ones, often seen in the behavior of investors seeking safer investments.
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