Microeconomics: Principles, Applications, and Tools (8th Edition)

Published by Prentice Hall
ISBN 10: 0-13294-886-9
ISBN 13: 978-0-13294-886-9

Chapter 3 - Exchange and Markets - Exercises - 3.2 Markets - Page 64: 2.1 (2)

Answer

insurance

Work Step by Step

Insurance reduces the risk faced by entrepreneurs by sharing the risk.
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