Share prices will rise and fall on the whims and fancies of manipulative individuals.This theory is known as
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Expenses from previous years are also irrelevant. To recap, relevant costs are the future costs that will differ among alternatives. You might use the past costs to help you predict those future costs, but the past costs are otherwise irrelevant to the decision.
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Whim definition: A whim is a wish to do or have something which seems to ... The premium can increase at the whim of the insurers. ... Synonyms: impulse, sudden notion, caprice, fancy More Synonyms of whim .... The Times Literary Supplement (2012)Prices can be highly volatile as they are prone to the whims of fashion.
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