The object of diversification is
A. to reduce risk and fluctuations in income.
B. to reduce risk, but not to reduce fluctuations in income.
C. to reduce fluctuations in income, but not to reduce risk.
D. neither to reduce risk, nor to reduce fluctuations in income.
Answer:A
The object of diversification is
A. to reduce risk and fluctuations in income. B. to reduce risk, but not to reduce fluctuations in income. C. to reduce fluctuations in income, but not to reduce risk. D. neither to reduce risk, nor to reduce fluctuations in income.