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The par value per share of common stock represents the

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zavuch27 [327]3 years ago

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Amount of dividends per share to be received each year

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If the demand for product x is inelastic, a 4 percent decrease in the price of x will.

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A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

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