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Questions and Answers
What is diversification?
How can relying on a single supplier be risky?
Why is it risky for a grain farmer to sell the entire harvest at one time?
What does diversification refer to?
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What is an example of how having different customers and suppliers reduces risk?
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How can a grain farmer minimize risk when selling their harvest?
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Reducing risk by diversifying across different parties and suppliers is known as ______
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Investment risk can be reduced by holding different ______
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Selling a harvest in smaller quantities over time is an example of diversifying ______
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