If a Person Compares the Net Sales of Two Companies

question 53

True/False

If a person compares the net sales of two companies as absolutes, and ignores the relative percentages, we can infer that this comparison contains dollar value bias.

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Definitions:

Jelly

Jelly is a clear or translucent fruit spread made from sweetened fruit juice and set with gelatin or pectin.

Marginal Utility

The extra pleasure or benefit gained by a consumer from having an additional unit of a product or service.

Rutabagas

A root vegetable, often confused with turnips, known for its purple skin and yellow flesh; used in cooking for its mild, sweet flavor.

Broccoli

A green vegetable with a large flowering head, often eaten as food.