The risk measurement approach that examines the impact of a change in the value of a variable on a selected outcome variable, assuming all other variables are held constant is known as sensitivity Analysis.
<h3>What is meant by sensitivity analysis?</h3>
Sensitivity analysis is the study of how different sources of input uncertainty can be split and assigned to the output uncertainty of a mathematical model or system.
Sensitivity analysis is a type of financial model that assesses the impact of changes in input variables on target variables. This model is also known as a simulation analysis or a what-if model. It is a technique for forecasting a decision's outcome given a set of relevant factors.
Sensitivity Analysis is a method of risk measurement that considers the effects of changing one variable's value on a particular outcome variable while maintaining the same values for all other variables.
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Answer:
Over longer periods of time, demand tends to become more elastic.
When there are fewer substitutes, demand tends to be less elastic.
Explanation:
Over longer period of time demand tend to be more elastic because the greater availability of close substitutes of a good the better consumers are able to respond to change in price.
With regards to the inernational business, white isn't appropriate because in some cultures, white represents death.
<h3>How is color important in logo?</h3>
It should be noted that the color used plays a vital role in a business.
In this case, white isn't appropriate because in some cultures, white represents death. This can be seen in Asian countries such as Korea and China.
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Answer:
Job #1
Explanation:
Job#1
$40,050/year
Creative projects
Open space instead of offices
Coworkers are loud and often laughing
Job #1 would be a perfect fix for Mercedes as she prefers the job with at least $40,000 and she wants to work in the enviroment with little supervision. According to Mercede's requirements, Job #1 suits Mercedes as it has creative projects, open space instead of cabins or cubicles, and an environment she always wanted.