Which of the Following Is NOT an Example of Diversification

question 36

Multiple Choice

Which of the following is NOT an example of diversification in financing?

• A) raising funds in more than one market
• B) raising funds in more than one country
• C) diversifying sales
• D) All of the above qualify.

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Definitions:

Comparative Advantage

Comparative advantage occurs when a country, individual, or company can produce a good or service at a lower opportunity cost than others.

Geegaws

Decorative trinkets or gadgets, often considered unnecessary or frivolous.

Utility Function

An illustrative model that shows the way individuals prioritize various combinations of products based on their contentment levels.

Coconuts

The large, brown, hard-shelled seeds of the coconut palm, used for food, oil, and as a source of material.