Mulitple Choice Questions

Business risk involves all of the following factors except _____.

1. The more stable the demand for a firm’s products, the lower its business risk
2. Firms whose input costs are highly uncertain are exposed to a low degree of business risk
3. The faster a firm’s products become antiquated, the greater a firm’s business risk
4. The greater the ability to adjust output princes reflect cost conditions, the lower the degree of busines risk

Topic-Wise MCQs on Sciences