The percentage change in one variable given a 1% ceteris paribus increase in another variable

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Price elasticity
The percentage change in the quantity divided by the percentage change in the price.

Option elasticity
The percentage increase in an option's value given a 1% change in the value of the underlying security.

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Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office décor.

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