How do we define and measure risks in financial projects? What are examples of uses for sensitivity
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Question:
- How do we define and measure risks in financial projects?
- What are examples of uses for sensitivity analysis and what-if scenarios? Any examples from your work experience or research?
- How do we define fixed and variable costs?
- Give examples of the different types of costs in various applications from your experience or research.
- Explain the difference between marginal costs vs average costs and how that incorporates to an organization
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