The term sensitivity analysis is best described as: Multiple Choice Taking into account the managerial options that are implicit in a project. The degree to which a firm or project relies on fixed costs Investigation of what happens to NPV when only one variable is changed. The determination of what happens to NPV estimates when we ask what-if questions The change in costs that occurs when there is a small change in output A proprietorship is best defined as: Multiple Choice A business owned by an individual who has unlimited personal liability. A business managed by a single general partner. A separate legal body formed by an individual who has limited personal liability. A limited liability form of business ownership A business formed by two or more individuals