Tracing Formula _____ Shows Which Formulas Are Affected by an Error

question 60

Multiple Choice

Tracing formula _____ shows which formulas are affected by an error in another cell.

• A) name
• B) scope
• C) dependents
• D) arguments

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Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good or service changes in response to a change in its price.

Consumption Reduction

A decrease in the amount of goods and services consumed by individuals or communities, often aimed at saving resources or money.

Price Increase

An upward adjustment in the cost of goods or services, often driven by factors like inflation, increased demand, or higher production costs.