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Revolutionary Strategies Can Be Created by Searching for Industries That

question 141

Multiple Choice

Revolutionary strategies can be created by searching for industries that have opportunities to benefit from increases in ________.


Definitions:

Pooling

In economics, pooling is the amalgamation of resources or interests by several parties to maximize benefit or reduce risk.

Pooling

The act of grouping together resources, risks, or interests to achieve a common goal or reduce risk.

Supply Curve

A visual chart demonstrating how the price of an item correlates with the volume of that item that sellers are ready to provide.

Insurance

A financial product that transfers the risk of financial loss from an individual or business to an insurance company, in exchange for premium payments.

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