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Question - Use the following information to answer the question:
Measure
2017
2018
2019
Annual total revenues (000s)
$10,374
$19,824
$24,024
No. of iPhone 6 sold (avg. price $299)
20,000
2,500
1,000
No. of iPhone 7 sold (avg. price $649)
6,000
14,000
5,000
No. of iPhone 8 sold (avg. price $999)
500
10,000
20,500
Required - What is the annual revenues absolute size, or magnitude, of change for 2017 to 2018?
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