Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.
In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that.
Which make easier the measurement of economic activity in the three ..... the strategy used by firms that have as many different product
Answer:
c. Wilma (and each of the members) pays taxes on their $1 million share ($5 million divided by 5) of profits.
Explanation:
Data provided in the questions
Generated profits = $5 million
Reinvested amount into the company = $4 million
Out of which $1 million is to be divided equally
based on the above information, the federal income tax should be paid by 5 members of $1 million each
Hence, the option c is correct
And all other options are wrong
<span>All
electric-powered automobiles such as the Chevy spark are in the introductory stage
of their product life cycle. It is made
by the General Motors. The introductory stage is the first of the four product
cycle. Usually in this stage, it has a small market, limited competition and
fairy costly. </span>
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