Exhibit 5-2 Use the Information in Exhibit 5-2 to Calculate

question 100

Multiple Choice

Exhibit 5-2 Use the information in Exhibit 5-2 to calculate the value of price elasticity of demand.

• A)-2/3
• B)-1/3
• C)-3/5
• D)-5/3

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Definitions:

Issuing Company

The entity that offers its own securities like stocks or bonds for sale to investors to raise capital.

Earnings Per Share

A financial metric that calculates the portion of a company's profit allocated to each outstanding share of common stock, providing an indicator of the company's profitability.

Equity

The value of an owner’s interest in a property or a business, after deducting liabilities.

Expansion

A growth strategy where a business increases its scale of operations, typified by entering new markets, increasing product lines, or growing in size.