Which Type of Risk Affects Only a Specific Company or a Specific

question 100

Multiple Choice

Which type of risk affects only a specific company or a specific industry?

• A)interest rate
• B)systematic
• C)unsystematic
• D)economic
• E)inflation

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Definitions:

Unit Cost

The expenditure involved in generating, keeping, or obtaining one unit of a product or service.

Overhead

An ongoing expense of operating a business, such as rent, utilities, and salaries.

Break-even Price

The price level at which the revenues for a product or service equal the costs, resulting in neither profit nor loss.

Markdown

A reduction from the original or previous retail price of a product.