The costs incurred by merchants changing product prices (such as the costs of reentering prices into computer systems) are referred to as:

Trend analysis requires the establishment of a base year for comparison purposes

Indicate whether the statement is true or false

In a post office, the mailboxes are numbered from 1 to 4,500 . These numbers represent

a. categorical data b. quantitative data c. either categorical or quantitative data d. since the numbers are sequential, the data is quantitative