________ economies are achieved by improving a firm's performance relative to its risk attributes or lowering its risk attributes relative to its performance.
A) Technical
B) Diversification
C) Pecuniary
D) Market

Question

Quizplus · Accepted Answer

Diversification economies are achieved by improving a firm's performance relative to its risk attributes or lowering its risk attributes relative to its performance, often through spreading investments across various assets to reduce risk.

________ Economies Are Achieved by Improving a Firm's Performance Relative