You Can Nest IF Functions as Deep as You Want,but

question 71

True/False

You can nest IF functions as deep as you want,but after you get beyond a nest of three IF functions,the logic becomes difficult to follow.

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Definitions:

Tax Revenue

The income that is gained by governments through taxation, crucial for funding public services and infrastructure.

Price Ceiling

A legal maximum price set by the government for a particular good or service, intended to prevent prices from becoming excessively high.

Shortage

A situation where the demand for a product exceeds its supply in a market.

Units

The fundamental quantities or measurements in which variables, goods, services, or products are expressed or quantified.