Why is the distinction between insurable and uninsurable risks significant for the theory of profit? Carefully evaluate:
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An insurable risk does not fatally affect the profit and loss of a firm The firm insures against fire and theft and so on and then goes about its busi...View the full answer
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Saikumar Ramagiri
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Related Book For 
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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