When single-value or single-point estimates are used exclusively in an economic analysis, the decision-making process is said

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When single-value or single-point estimates are used exclusively in an economic analysis, the decision-making process is said to be:

(a) Probabilistic

(b) Uncertain

(c) Deterministic

(d) Monte Carlo

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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