Risk Is

question 93

Multiple Choice

Risk is

• A)different than uncertainty in that the probability of an uncertain event can be estimated whereas the probability of a risky event cannot be.
• B)the source of all economic rent.
• C)considered a major factor in the theory of profit that emphasizes the entrepreneur as innovator.
• D)equal to the probability that an event will occur divided by the probability that the event will not occur.
• E)none of the above