Examlex
Who first used the variance of abnormal return as an index of information content of profit announcements?
Inelastic
A situation in which the demand or supply for a good or service is relatively unresponsive to changes in price.
Price Elasticity
The measurement of demand's elasticity to price changes for a particular good.
Midpoint Formula
A method used in mathematics to calculate the midpoint, or average, of two points on a line segment.
Price Elasticity
The degree of interplay between a good's demanded quantity and its price movement.
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