Sensitivity analysis is concerned with determining how much variation in financial data the decision maker can have to affect the economic decision.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
Problem 4E: In the Southern Company Managerial Challenge, which alternative for complying with the Clean Air Act...
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Sensitivity analysis is concerned with determining how much variation in financial data the decision maker can have to affect the economic decision.
O True
O False
Transcribed Image Text:Sensitivity analysis is concerned with determining how much variation in financial data the decision maker can have to affect the economic decision. O True O False
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