The #VALUE! Error Value Can Occur When a Cell Used

question 58

True/False

The #VALUE! error value can occur when a cell used by the function was deleted from the worksheet.

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Definitions:

Profit

The financial gain realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Competitive Industry

An industry where no single firm has a large market share and each firm must compete on price, quality, and innovation to attract customers.

Market Price

The existing rate at which a product or service is available for buying or selling within a marketplace.

Demand

Demand is the quantity of a good or service that consumers are willing and able to purchase at various prices within a given time frame, reflecting their desire and purchasing power.