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Tara Brtek Owns and Operates the Singing Pig Food Company

question 2

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Tara Brtek owns and operates the Singing Pig Food Company.Brtek makes and markets 20 different gourmet mustards,salsas,marinades,and dip mixes using its crooning pig logo.If Tara decides to incorporate her business to make it easier to find investors,what would be her first step?


Definitions:

Loanable Funds

The market where savers and borrowers exchange funds, typically in the form of loans or bonds.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing to sell, holding other factors constant.

Interest Rates

The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.

Loanable Funds Theory

An economic theory that suggests the market interest rate and the quantity of loanable funds are determined by the demand and supply of credit.

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