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Johnson, Stuart | Connection between price elasticity and Beta: The case of the oil industry | Price elasticity and Beta are cherished variables in Economics and Finance, respectively. Price elasticity is a measure of a percent change in the quantity of a good demanded divided by the percent change in its price. Beta is the covariance of a firm's return with respect to the market, divided by ... | Price elasticity of demand; Beta (Firm); Oil industries |
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