A company's first sale of stock to the public is called ?
Correct answer: C. Initial Public Offering (IPO)
- A. Public Offering
- B. First Public Offering
- C. Initial Public Offering (IPO)
- D. Going Public
Explanation
An initial public offering is the first sale of a company's shares to the general public, abbreviated IPO. Public offering and going public are broader descriptions, but IPO is the standard precise term for the first sale.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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