Examlex
Angie owns a portfolio which has an expected annual return of 11.70 percent.What is the two-year expected return on her portfolio?
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression.
Substitutes
Goods or services that can be used in place of each other, where an increase in price of one leads to an increase in demand for the other.
Cross Elasticity
A measure in economics that shows how the quantity demanded for one good responds to a change in the price of another good.
Quantity Demanded
The total amount of a good or service consumers are willing and able to purchase at a specific price point, during a certain time frame.
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