Gilligan's Boat Tours finds that if it were to increase its price by 10 percent, it would have a 6 percent reduction in the NPV of its new 3-Hour Tour. Gilligan's analysis could be described as

Gilligan's Boat Tours finds that if it were to increase its price by 10 percent, it would have a 6 percent reduction in the NPV of its new 3-Hour Tour. Gilligan's analysis could be described as



A) a Monte Carlo simulation.
B) scenario analysis.
C) sensitivity analysis.
D) none of the above.


Answer: B


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