Reducing risk, Microeconomics

Reducing Risk

Three methods consumers attempt to reduce the risk are:

 1) Diversification

 2) Insurance

 3) Collecting more information 

Posted Date: 10/10/2012 8:54:51 AM | Location : United States

Related Discussions:- Reducing risk, Assignment Help, Ask Question on Reducing risk, Get Answer, Expert's Help, Reducing risk Discussions

Write discussion on Reducing risk
Your posts are moderated
Related Questions

Question: (a) With the help of diagrams, explain how the price and quantity demanded or supplied of fuel will change under the different scenarios: (i) Consumers expect a fu

In a small rural town, 150 people would like to be employed (this is the supply of labor). In order to make profits, capitalists hire some of these workers to produce grain. Those

Assess whether market economies have been more successful than planned economies in providing welfare for citizens. The student is expected to outline some of the basic issues

Stackleberg Model : is another attempt at understanding the strategic decision making of oligopolistic firms. It derives its name from Heinrich Freiherr von Stackelberg whose brain

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

What currency was used in the 1700s? Ans) this is depends on the country. Most currencies, though, were based on gold and silver. In America, in the 13 colonies, tobacco wa

An important aspect of municipal finance involves capital budgeting and resource allocation.  In some cases, resource allocations involve expenditures that are not directly revenue

marginal utility is applied on money or not