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When You Use a While Loop to Compute the Average

question 55

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When you use a while loop to compute the average of several values, what variables do you need to keep track of (in addition to holding the value being processed) ?


Definitions:

Demand

The consumer's desire and willingness to pay a price for a specific good or service.

Elastic Demand

A market condition where the quantity demanded of a product changes significantly in response to price changes.

Inelastic Demand

A market situation where the quantity demanded of a product does not change significantly when its price varies.

Price Elasticity

A measure of how much the demand for a product changes in response to a change in its price.

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