Briefly Explain the Contributions Made by the Share Market to the Financial

question 22

Essay

Briefly explain the contributions made by the share market to the financial system.

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Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good or service changes in response to a change in its price.

Price Elasticity

A measure of the responsiveness of quantity demanded or supplied of a good to a change in its price.

Midpoint Formula

A method used in economics to calculate the elasticity of demand or supply by taking the average of the initial and final prices and quantities.

Total Revenue

The total amount of money a company receives from its goods or services, calculated by multiplying the price per unit by the number of units sold.