The price of a product is determined by the law of supply and demand. Consumers have a desire to acquire a product, and producers manufacture a supply to meet this demand. The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded.
Answer: The correct answer is choice b.
Explanation: When a company is looking to borrow money from the public, the only correct answer is choice b, sell bonds.
Going to a bank for a loan is incorrect because this would be borrowing from a bank, not the public. Selling shares of stock is incorrect because the buyers would be buying ownership in the company, they would not be loaning the business money.
Answer:
a. be perfectly horizontal.
Explanation:
The supply curve graph the prices that suppliers will demand to produce different levels of output. It is normally upward-sloping because of scarcity of inputs that will push up costs and thus drive up cost.
If input prices does not change, <em>the industry will be willing to supply any quantity (in the long run) at the same price</em> (because if they charge higher than their constant costs they will lose to competition) => the supply curve will be a horizontal line (perfectly horizontal)
Selling directly to the consumers.
When retailers sell directly to consumers, they are cutting out steps in the transaction process. It allows all items to be more direct with their consumers and allows the consumer to find a various amount of items one place.
