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The percent changes for raw values such as supply, demand, and revenue are valuable bits of information

A. True.
B. False.

User Plesiv
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1 Answer

4 votes

Final answer:

The percent changes for raw values such as supply, demand, and revenue are valuable bits of information.

Step-by-step explanation:

The correct answer is B. False.

The percent changes for raw values such as supply, demand, and revenue are indeed valuable bits of information. They allow us to analyze and understand the dynamics of these economic variables. For example, percent change in supply can tell us how much the quantity supplied has changed relative to the original quantity supplied. Similarly, percent change in demand can inform us about the change in quantity demanded relative to the initial quantity demanded. Percent change in revenue can reveal the impact of price changes on total revenue.

User Spry Techies
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