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Sensitivity Analysis Is Used by a Firm To

Question 23

Multiple Choice

Sensitivity analysis is used by a firm to:


A) analyze the impact of a change in the price of the good on the demand for the good.
B) examine the static effects of an economic decision on the firm's profitability.
C) analyze the social costs and benefits of an economic decision.
D) examine the opportunity costs of an economic decision.
E) examine how an optimal decision is affected if key economic facts vary.

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