MIXED ECONOMY
Is the name given to an economy that may contain market, command, or traditional economic systems.
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Price elasticity is the measure of change in the demand of quantity to the price change.
<u>EXPLANATION: </u>
Price Elasticity can be divided as elastic, inelastic and unitary, depending on the relation between quantity and price.
Elastic demand: When the demand changes but is greater than the change in price, then the product is elasticity in nature. The goods that are not of basic necessity are usually elastic.
In-elastic demand: When the demand change is lower than the change in price, then the product is in inelastic demand. Products that are of basic necessity are inelastic ones.
Unitary demand: A product is in unitary demand when the price change doesn't change the product's demand. An example of Unitary demand is medicines.
Market performance in the United States is tracked using stock <u>indexes</u>,
which use formulas to calculate price changes.
Explanation:
Stock indices are in itself independent financial or stock markets which also provide a measure of the financial or stock market based on various individual stocks. The USA follows the major stock indices like the Dow Jones Industrial Average (DJIA), S&P 500, and Nasdaq Composite.
All these are either market (S&P 500) or price-weighted (DJIA). Stock indices are calculated based on the per-share price of the stocks of a company.
Any changes in the price(change from previous closing price value of the share) of a company’s share is watched closely by the investors and compared with the current price.
I believe the answer is: Louisiana
Acadiana<span> is the name that used to refer to Louisiana region by the French Empire. </span><span>. Many of </span>Acadian<span> descent and are now identified as </span><span>Cajun which consist of exiles from the Canadian region after the French and indian war was over.</span>
