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What-if analysis for constant profit

What-if analysis for constant profit: Managerial Economics
What-if analysis for constant profit: Managerial Economics

By definition, managerial decisions are choices between at least two alternatives. For example, should I hire another salesperson or not? In order to compare the profit impact of various alternatives, we need to use what-if analysis. The results of such analysis are never right or wrong, but enable a discussion about the most critical variables to be considered.

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Skill Level Intermediate
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