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Question 5 (1 point) Which of the following statements about bearing risk collectively is correct? Question 5 options: A) Bearing risk collectively results in a

Question 5 (1 point)

Which of the following statements about bearing risk collectively is correct?

Question 5 options:

A) Bearing risk collectively results in a more cost-efficient outcome.
B) Bearing risk collectively is an application of risk diversification.
C) Bearing risk collectively means that the risk is spread over a larger group.
D) All of the above are correct.

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