A physical asset such as a high-definition, flat-screen TV or a Harley Davidson motorcycle is called a(n)

Which of the following best defines an initial public offering?

A) the issuance of an offering statement to the public prior to purchase B) the filing of a registration statement by an issuer C) the disclosure document released for public scrutiny D) the sale of securities by an issuer to the public

In pricing out a new variable, the worth or value of resources consumed is typically measured by:

A) reduced costs B) the 100% rule C) shadow prices D) slack values E) surplus values