Large Corporations Are Profitable Enough to Maintain Their Own Stockholder

question 3

Short Answer

Large corporations are profitable enough to maintain their own stockholder lists and arrange for the issuance of their stock certificates to stockholders rather than having to retain an independent stock transfer agent to do those things.

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Definitions:

Comparisons Across Job Families

A method used to evaluate and analyze differences in job roles, responsibilities, and qualifications across various categories or families of jobs.

Perfectly Inelastic

Describes a situation in which the quantity demanded of a good does not change regardless of changes in its price.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or service is not achieved or is unachievable.

Tax

A required financial fee or another kind of duty enforced on a taxpayer by government authorities, designed to raise funds for government outlays and a range of public expenses.