The NYSE Has Listing Requirements That Include a Minimum

question 62

Multiple Choice

The NYSE has listing requirements that include a minimum
I. number of outstanding shares.
II. amount of pre-tax earnings.
III. market value of publicly held shares.
IV. number of shareholders owning 100 shares or more.

• A) I and IV only
• B) I, II and III only
• C) II, III and IV only
• D) I, II, III and IV

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Definitions:

Your Gut

Colloquial term referring to an individual's instinctive reaction or initial feelings about a decision or situation, often sans empirical evidence.

Inelastic Product

A product or service whose demand does not significantly change with variations in its price.

Substitutes

Products or services that can be used in place of another to satisfy consumer needs or desires.

Skimming Strategy

A pricing approach where a high price is set for a new product to maximize profits from customers willing to pay high prices before lowering the price over time.