EXPLAIN THE CONCEPT OF RISK AVOIDANCE AND PROVIDE AN EXAMPLE.
EXPLAIN THE CONCEPT OF RISK MITIGATION AND PROVIDE AN EXAMPLE.
LIST 4 RISK MEASURING TOOLS AND EXPLAIN WHAT THEY MEASURE.
DESCRIBE IN DETAIL HOW INSURANCE WORKS.
Design a convolution mask that does the following and implement
the convolution process
(Pls do not use any image processing library functions)
1. smoothing
2. sharpening
3. detect edges
**Please do not use any image processing library
functions.**
Provide an example of ‘positive’ “externality” and an example of
‘negative’ “externality.” Explain The effect in terms of “market
failure” of each example.