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Using scenario analysis, a nickel mine finds that its revenue increases as the market price of nickel increases despite a fall in customer sales due
Using scenario analysis, a nickel mine finds that its revenue increases as the market price of nickel increases despite a fall in customer sales due to higher prices. Which of the following best describes the financial risk exposure of the company?
Select one: a. The company has a short economic exposure to nickel prices. b. The company has a short economic exposure to its customers. c. The company has a long economic exposure to nickel prices. d. The company has a neutral economic exposure to nickel prices.
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