The Concept of Diversification Is Captured by the Statement

question 99

Multiple Choice

The concept of diversification is captured by the statement

• A)don't look a gift horse in the mouth.
• B)don't put all your eggs in one basket.
• C)it never rains,but it pours.
• D)make hay while the sun shines.

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Definitions:

Labor Market

The supply of available workers in relation to the demand for their services by employers.

Supply and Demand

Fundamental economic model that describes how the price and quantity of goods and services are determined in a market.

Wage Rate

The amount of money paid to an employee by an employer for work performed, usually expressed per hour or per unit of work.

Employment

The state of having a paid job or the total number of people employed within an economy.