A Product Which Is Difficult to Replace Is

question 204

Multiple Choice

A product which is difficult to replace is:

• A)scarce.
• B)non-substitutable.
• C)valuable.
• D)important.

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; it indicates the risk associated with a particular equity in comparison to the market as a whole.

Expected Return

The anticipated profit or loss from an investment, based on historical data or statistical analysis, often used as a forecast.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, commonly used in finance to assess the volatility of investment returns.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.