Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter5: Supply, Demand, And Price: Applications
Section5.8: Application 8: College Superathletes
Problem 1ST
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What do we gain from the diversification practice?
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Step 1
The investments are very important for the economy as it leads to increased capital flow in the economy which will facilitate the improvement in the business activities as well as the increase in the output and employment in the economy. Thus, the government of the economy will always support and encourage the investments in the economy which is a usual scenario. The investments are basically the activities where there are many risks involved and the investment returns are actually reward for taking the risk in the economy.
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