Uncertainties that are not quantifiable:
A. are factored into the price of an asset.
B. cannot be priced
C. are what we define as risk.
D. are benchmarks against which quantifiable risks can be assessed
Answer: B
Economics
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Refer to Figure 2-1. ________ is (are) unattainable with current resources
A) Point A B) Point B C) Point C D) Points A and C
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If a regulator forced a natural monopolist to set P = MC
A) the monopolist would earn economic profits. B) the monopolist would suffer economic losses. C) the monopolist would break even. D) the monopolist would earn monopolistic profits.
Economics