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Please explain. Thank you Which of the following companies is more likely to have the lowest business risk? A non-cyclical company that produces discretionary products

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Please explain. Thank you

Which of the following companies is more likely to have the lowest business risk? A non-cyclical company that produces discretionary products A cyclical company that produces non-discretionary products A non-cyclical company that produces non-discretionary products A cyclical company that produces discretionary products

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