The Number of Shares of Stock That a Corporation Is

question 151

Multiple Choice

The number of shares of stock that a corporation is given the right to sell is called:

• A)issued stock.
• B)authorized stock.
• C)outstanding stock.
• D)capital stock.

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Definitions:

Negative

In the context of economics, denotes a situation or indicator that reflects a decrease, deficit, or detrimental condition.

Inelastic Supply

A situation where the quantity supplied of a good or service is not significantly influenced by changes in price.

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price over a specified period.

Elastic

Describes a situation in economics where the quantity demanded or supplied of a good or service greatly changes in response to changes in price.