Diversification in investment is achieved when:
A) the government invests in several projects of different lengths to increase total output.
B) a business produces multiple unrelated products so that the firm can maximize profit.
C) an economy trades with multiple trading partners for maximum benefit.
D) an individual invests in several assets with independent or unrelated risks so that total risk from loss is reduced.
Correct Answer:
Verified
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A) liability for the
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A) a
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B)
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A) increase transaction costs.
B) reduce diversification.
C)
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