Kendall borrowed $760,000 on a construction loan at 11% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,550,000 in 8% bonds payable outstanding in 2021 and 2022. Average accumulated expenditures for 2022 was:

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.