Exhibit 14.2 The Following Questions Are Based on the Information Below

Multiple Choice

Exhibit 14.2
The following questions are based on the information below.
An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of the economic climate over the next 2 years. The economy can expand or decline. The following payoff matrix has been developed for the decision problem.
-Sensitivity analysis is most useful in

A) decision-making under risk
B) decision-making under uncertainty
C) decision-making under certainty
D) all of the above