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    The Economics of Managerial Decisions
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    Exam 15: Managerial Decisions About Information
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    The Greater the Accuracy of a Forecast, the _______Its Value
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The Greater the Accuracy of a Forecast, the _______Its Value

Question 127

Question 127

Multiple Choice

The greater the accuracy of a forecast, the _______its value as the firm faces a_______ increase in expected profit.


A) smaller; smaller
B) greater; larger
C) greater; smaller
D) smaller; larger

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