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The following question are based on the following diagram:
-If the actual price of sweatshirts is $10 each,the market is not in equilibrium because
Par Value
The face value of a bond or stock as stated by the issuing company, unrelated to its market value.
Common Stock
A form of corporate equity ownership, a type of security representing ownership in a corporation and a claim on part of the corporation's profits or losses.
Paid-in Capital
Funds received from investors during the issuance of stock, exceeding the par or stated value of the shares, also known as "contributed capital."
Legal Capital
The portion of a company's equity that cannot legally be distributed to shareholders, often equivalent to the par value of the shares.
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