Fer to exhibit 5-3 which shows the demand and supply of a college athlete. suppose that ncaa rules limit the amount that the college can pay this athlete, such that their payment cannot exceed the cost of attending the college (currently $8,000). the impact of this ruling would be a loss of income to the athlete of and an equal gain in consumers’ surplus to the college represented by

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.