Question: State whether the following statement is true orfalse, and explain why. If the statement isfalse, state the true change. Thecostoftuitionatacollegefallsby14%, thenlaterrisesby14%. After the two changes

State whether the following statement is true orfalse, and explain why. If the statement isfalse, state the true change.

Thecostoftuitionatacollegefallsby14%, thenlaterrisesby14%. After the two changes in tuition, thecost is unchanged. Select the correct choice below.

A. The statement is true because the percentages of the increase and decrease in the costoftuition are thesame, so there is no net change in the cost.

B. The statement is false because the reference values for the increase and decrease in the costoftuition are not the same. The true change in the cost is ____(Simplify your answer. Write an integer or decimal rounded to the nearest hundredth asneeded.)

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