statement1 : A steep negative slope of a line in a sencitivity graf indicates that the NPW is not sencitive to change in the value of the corresponding  variable. statement2: A scenario in the "scenario analysis "approach can only be one of three scenarios cases :the base case , the best case , and the worst case. (a) statement 1 and 2 are both false  (b) statement 1 and 2 are both true (c) statement 1 is false but statement 2 is true  (d) statement 1 is true  but statement 2 is false

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter17: Making Decisions With Uncertainty
Section: Chapter Questions
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statement1 : A steep negative slope of a line in a sencitivity graf indicates that the NPW is not sencitive to change in the value of the corresponding  variable.

statement2: A scenario in the "scenario analysis "approach can only be one of three scenarios cases :the base case , the best case , and the worst case.

(a) statement 1 and 2 are both false 

(b) statement 1 and 2 are both true

(c) statement 1 is false but statement 2 is true 

(d) statement 1 is true  but statement 2 is false 

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