Examlex
"Net assets", as stockholders' equity is often referred to, represents the residual amount of business assets which can be claimed by the owners.
Unit Elasticity
Demand or supply for which the elasticity coefficient is equal to 1; means that the percentage change in the quantity demanded or quantity supplied is equal to the percentage change in price.
Inelastic
A description of a product or service's demand when consumers' demand is relatively insensitive to price changes.
Price Elasticity of Demand Coefficient
A metric that determines how the demand for a product reacts to adjustments in its price.
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