Solution-Why risk can be insured against but uncertainty

Why risk can be insured against but uncertainty cannot

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Reference no: EM13963825

1. Explain why risk can be insured against but uncertainty cannot.

2. Why would a firm choose to remain in the industry in which it makes an economic profit of zero

3. Savings accounts pay very low rates of interest. The average return on the stock market is about 10-12 %, in the long run. Why would anyone put money into a savings account.

Reference no: EM13963825

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Why risk can be insured against but uncertainty cannot

Reference no: EM13963825

Reference no: EM13963825

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