Examlex
What level are inputs for estimating fair values are those inputs include quoted prices for similar assets or liabilities in active or inactive markets,other observable information such as yield curves and price indexes,and other observable data such as market-based correlation estimates?
Regulated Fares
Fares for transportation or services that are controlled or set by a governing body to ensure fairness and accessibility.
Elastic Demand
A situation where the quantity demanded of a good or service is sensitive to changes in its price.
Total Revenue
The total income earned by a company from its sales of goods or services before any costs or expenses are subtracted.
Demand Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a high response to price changes.
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