Anna and ken go to their bank for a home equity line of credit. what collateral can they use to obtain a secured loan? they can use there as collateral and use the money to. a car home boat savings account b buy groceries purchase household appliances pay for emergency medical services buy furniture

Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.