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Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

  1. #381
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    Quote Originally Posted by jacob b View Post
    I disagree the correct answer I think is A. Your formula is a drop off. The correct formula for elasticity of demand is:

    % change in Q demanded / % change in price

    so you are correct in that you need to solve for % change in Q demanded to be .36, however % change = Q1-Q2/Avg Quantity

    so to get your % change equal to .36 you will have 150-104.24/(150-104.24)/2 = 45.76/127.12 = 36%

    now your price elasticity of 1.2 = .36/.30
    Jacob...You can check this post:
    http://www.daulatguru.com/finance-fo...ull=1#post1016

  2. #382
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    Thank You Team DG...For providing valuable information and questions.Hope all members of DG pass CFA Level 1 with flying colors...

  3. #383
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    All the best to CFA Level 1 candidates!

    The CFA institute is posting updates about the Dec 2010 exam in this link:
    http://www.cfainstitute.org/cfaprogr...er_update.aspx

  4. #384
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    Thank you Nidhi...

  5. #385
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    Hi Friends,
    I am new to the CFA world. Hope to get your support and assistance. Thanks in advance...

  6. #386
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    Welcome Kunal!

    @DG Members
    I have received this info:
    December 2010 Level I CFA exam results will be emailed on Tuesday, 25 January 2011, no earlier than 9:00 am ET.

  7. #387
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    December 2010 Level I CFA exam results have been emailed to candidates and will be available tomorrow, 26 January'11, on CFA Institute's website, after 7:30pm IST. Candidates will need to login.

  8. #388
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    Congratulations Time4apogee, Shiva and other DG members who have passed the Level 1 CFA exam!

  9. #389
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    Admin - Can we do this for L2 as well. The same class will participate.

  10. #390
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    I agree with Isb2012. It will be good to have the same series for Level 2 CFA exam.

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