Consider the table below showing Anne's willingness to pay for magazines. 
(A)Suppose the price of magazines is $2.00.Calculate the difference between the willingness to pay and the total payment for one to six magazines.
(B)How many magazines will maximize the willingness to pay minus the payment?
(C)How does the answer to (B)compare to the approach that compares price and marginal benefit?
Definitions:
Seasoned Equity Offering (SEO)
The process by which a publicly-traded company issues additional shares of stock to investors after its initial public offering (IPO) to raise more capital.
Oversubscribed
Oversubscribed refers to a situation where the demand for a new issue of securities exceeds the available supply, often leading to allocation adjustments or a rise in the issue price.
Underpriced Issues
Securities that are sold at a price below their market value, often leading to immediate profits for investors who purchase them during the issuance.
Green Shoe Provision
A clause in an underwriting agreement that allows underwriters to buy and sell additional shares than originally planned.
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