Diversification is the only strategy for managing risk.

True

False

Question $9$

Economics is like a map because

it highlights some key features of management decisions.

it suppresses some unimportant features of management decision

it takes knowledge and skill to use.

all of the above

Question $10$

A consultant predicts that there is a $25$ percent chance of ear chance of earning $$100,000.$ The expected profit is

$$87,500.$

$$90,000.$

$$92,250.$

$$93\mathrm{.}000$