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Suppose an increase in world demand for potash (used in the production of fertilizer) increases the price from $285 per tonne to $315 per tonne.Annual Canadian production increases from 15 million tonnes to 17 million tonnes.What is the elasticity of supply of Canadian potash?
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.
Book Value Per Share
A measure used to gauge a company's financial health, calculated by dividing total shareholder's equity minus preferred equity by the number of outstanding common shares.
Stock Dividend
A payment made to shareholders in the form of additional shares, rather than cash, reflecting the company's decision to reinvest the profit.
Liability
A company's legal financial debts or obligations that arise during the course of business operations.
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