Diversification

question 6

Multiple Choice

Diversification:

• A) reduces the likelihood that bad things will happen.
• B) means you're not likely going to be completely ruined by a single unfortunate event.
• C) increases the likelihood that bad things will happen.
• D) None of these statements is true.

Identify the forms and requirements for individual federal income tax returns.

Understand the implications of marital status on filing and exemptions.

Recognize the tax adjustments and penalties related to filing status, inaccuracies, and deadlines.

Understand the impact of age, blindness, and other factors on standard deductions and exemptions.

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Definitions:

Marginal Utility

The extra pleasure or benefit a consumer receives from having one additional unit of a product or service.

Pepsi

A global brand of carbonated soft drinks produced and manufactured by PepsiCo.

Marginal Utility

The extra pleasure or advantage gained by using an additional unit of a product or service.

Total Utility

The total satisfaction or benefit received by consuming a product or service.