Examlex
Passive smokers have a 30% greater chance of developing lung cancer than do nonsmokers in a smoke-free environment.
Inherent Risks
Risks that exist naturally within a project or activity, regardless of any mitigating strategies.
Efficient Markets Hypothesis
A theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the average market return.
Random Walk
The path of a variable whose changes are impossible to predict.
Marginal Utility
The additional satisfaction or usefulness gained from consuming one more unit of a good or service.
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