Signing a contract to supply a given number of units converts _____ from a risk to a _____.
A)cost estimation;gamble
B)demand;certainty
C)demand;gamble
D)analysis;reality

Question

Quizplus · Accepted Answer

Signing a contract to supply a given number of units locks in the demand and reduces the risk of uncertainty, thus converting demand from a gamble to a certainty. Option A is incorrect because cost estimation can still involve uncertainty and risk even with a contract. Option C is incorrect because signing a contract increases certainty, rather than converting demand into a gamble. Option D is irrelevant as it doesn't relate to the question.

Signing a Contract to Supply a Given Number of Units