Question

what is relative concept and absolute concept ​

Answer 1

Answer:

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Absolute change refers to the simple difference in the indicator over two periods in time, i.e. Relative change expresses the absolute change as a percentage of the value of the indicator in the earlier period

Answer 2

Answer:

Absolute change refers to the simple difference in the indicator over two periods in time, i.e. Relative change expresses the absolute change as a percentage of the value of the indicator in the earlier period.

Explanation:

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