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Which of the following two statements is correct? S1: Holding all else constant, business risk is higher for a company with highly variable demand for
Which of the following two statements is correct? S1: Holding all else constant, business risk is higher for a company with highly variable demand for its products.
S2: Holding all else constant, high variability of input (production) costs will increase business risk.
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S1 is correct but S2 is false
Both statements are false
S2 is correct but S1 is false
Both statements are correct
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