Question: 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

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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