the price of a stock went down $ 4.25 on monday and then down $2.75 on tuesday. what was the overall change in price for the two days?
When the overall price level falls, the equilibrium price will usually fall, too.
Deflation
It will be very sensitive to price change. A change in the price will change the quantity supplied by a factor greater than 1. ps: Price elasticity of supply= (% change in quantity supplied)/(% change in price)
Dividing the change in demand for the product by its change in price. e=(change in demand)%/(change in price)%
Ed=% Change in quantity demanded/% Change in price=(Q2-Q1)/Q1/(P2-P1)/P1= P1 - Price before change P2 - Price after change Q1 - Quantity before change Q2 - Quantity after change Ed- Price elasticity of demand
Monday, Tuesday Wednesday Thursday Friday Saturday and Sunday. Stations most frequently change their prices right after they take delivery of fresh fuel, but they may change it any time during the day (sometimes they will change it more than once during the day). There is no particular day that the price gets changed - as the first poster stated - it can change any day - seven days a week.
When the overall price level falls, the equilibrium price will usually fall, too.
On Tuesday 31st March 2009 Apple stock closed at a price of 105.1 having opened the day at 105.5.
The Washington Mutual stock last price was $0.15. Which is a $0.02 decline from yesterday. That's a 1.36 degree change overall. The average volume of the stock is 9.6 million.
Katie Price's show is on Sky Living on Tuesday nights at 9 O'Clock
It will surely go down on Monday and next two days after Monday. So u can sell it on Monday and can buy on Wednesday late.
$5.50................................................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
Deflation
It will be very sensitive to price change. A change in the price will change the quantity supplied by a factor greater than 1. ps: Price elasticity of supply= (% change in quantity supplied)/(% change in price)
If the own price elasticity of demand for paper books is -2, a 4% decrease in the price is expected to increase the quantity demanded by 8%. However, since demand for ebooks is not affected by the price change in paper books, the overall increase in revenue will depend on the relative price elasticities of demand for paper books and ebooks. If the cross-price elasticity between paper books and ebooks is positive, the overall revenue could increase as the increase in paper book sales may positively impact ebook sales.
value depends on overall condition
Dividing the change in demand for the product by its change in price. e=(change in demand)%/(change in price)%