Regarding indifference analysis, which of the following is false? If Alternative 1 has a higher CM and higher FC than Alternative 2, it will be the best choice for low values of X. If Alternative 1 has a higher CM and lower FC than Alternative 2, indifference analysis is not relevant. Indifference analysis can be applied to cost functions and profit functions. Indifference analysis is helpful when making decisions about devoting resources to estimating parameter values