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Exhibit 51
Use the Information Below for the Following Problem(S)

question 72

Multiple Choice

Exhibit 5.1
Use the Information Below for the Following Problem(S)
                    
 Number of shares Glasing Prices (per share) \begin{array}{c}\begin{array}{lll}\text { Number of shares}\end{array}\begin{array}{lll}\text { Glasing Prices}\end{array}\begin{array}{lll}\text { (per share) } \end{array}\end{array}

 Companies  outstanding  Day T  Day T + 1 12,000$30.00$25.0027,00055.0060.0035,00020.0025.0044.00040.0045.00\begin{array}{cccc}\text { Companies } & \text { outstanding } & \text { Day T } & \text { Day T + 1 } \\\hline 1 & 2,000 & \$ 30.00 & \$ 25.00 \\2 & 7,000 & 55.00 & 60.00 \\3 & 5,000 & 20.00 & 25.00 \\4 & 4.000 & 40.00 & 45.00\end{array}

-Refer to Exhibit 5.1.For a value-weighted series,assume that Day T is the base period and the base value is 100.What is the new index value for Day T + 1 and what is the percentage change in the index from Day T?


Definitions:

Single-Price Monopoly

A market condition where a monopolist sets one price for all consumers of its product, without price discrimination.

Price Elasticity

Measurement of consumer demand variations for a good due to alterations in its price, signifying the degree of consumer sensitivity to these changes.

Discount Coupons

Discount coupons are vouchers that offer a reduction in price for specific items or services, encouraging consumers to make purchases.

Redeem Coupons

The process of exchanging a coupon for a discount, rebate, or any other promotional offer while purchasing a product or service.

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