Explanation Suppose the case when salary is increased by $ 1000 for two persons if their salaries are $ 5000 and $ 50 , 000 respectively. The deduction in the cost of two articles is $ 50 if their original prices are $ 200 and $ 2500 respectively. In the first case, the actual difference is $ 1000 but the relative difference in the first scenario. Relative difference= difference original value = $ 1000 $ 5000 = 1 5 = 0

1st Edition

ISBN: 9781259218859

Author: David Sobecki Professor, Brian A. Mercer

Publisher: McGraw-Hill Education

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Chapter 2.4, Problem 10G

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Some cases where the relative difference is much more useful than actual difference.

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Chapter 2.4, Problem 9G

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Some cases where the relative difference is much more useful than actual difference.

Solution Summary: The author analyzes cases where the relative difference is more useful than the actual difference. An increase in salary is given by 1000 which is different in two cases.

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Some cases where the relative difference is much more useful than actual difference.

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Chapter 2 Solutions