Multiple Choice
One essential trade-off involving business risk which the market system provides is reflected in which of the following?
A) Access to the firm's profits and gains are open only to those who take on the business risk of the firm
B) Those who receive guaranteed payments from the firm are also guaranteed a share of the firm's profits
C) Those who make bad decisions regarding risk will suffer losses; those who decide wisely will gain profits
D) Those who bear the business risk of the firm are guaranteed to always gain profits
Correct Answer:
Verified
Correct Answer:
Verified
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