Which of the following statements is correct? a. in a "dutch auction," investors who want to buy shares in an ipo submit bids indicating how many shares they want to buy and the price they are willing to pay. the company determines how many shares it wants to sell. the highest price that enables the company to sell the desired number of shares is the price that all buyers must pay. b. the term "ipo" stands for introductory price offered, and it is the price at which shares of a new company are offered to the public. c. it is possible that the price set in an ipo is so high that investors will refuse to buy the number of shares that the company wants to sell. in this situation, the ipo is said to be oversubscribed. d. it is possible that the price set in an ipo is so low that investors will want to buy more shares than the company wants to sell. in that case, the company will have to issue more shares than it wants to sell. e. ipo prices are generally established by the market, and buyers of the new stock must pay the price that prevails at the close of trading on the day the stock is offered to the public.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101

answersituation analysis;