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A New Bridge Project Passed the Feasibility Study Test, and Is

Question 4

Multiple Choice

A new bridge project passed the feasibility study test, and is now in the planning stage. The project manager thinks that evaluation of people's willingness to pay for the use of the bridge was done under the assumption of low inflation. In this regard, at this stage the project manager should


A) initiate a public hearing.
B) perform sensitivity analysis with respect to variable levels of inflation.
C) terminate the project.
D) move on to the execution stage.
E) perform hedonic price evaluation.

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