Reducing economic risk is a constant concern of companies to survive in the market. In this study, the economic risk was analyzed through the prism of two possible variants: the level of the physical volume of the production or the refurbishment. It was found that it can be reduced in both situations due to the existence of several production options and that economic risk is directly related to operating profit when the change is made only by increasing the quantity of the first product and decreasing the second product. In the case of refurbishment, the connection is reversed, respectively, when the operating profit decreases, the coefficient of the operational leverage increases. The 25% increase in sales revenues produces more favorable effects in the case of refurbishment.