Use the following to answer questions :
Figure: Demand and Supply of Shirts 
-(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of Shirts. If the line labeled S shows how many shirts per week will be offered for sale at various prices, then it is clear that for supply, quantity and price are:
Definitions:
Business Organization
The structure and form that a business takes to conduct operations, ranging from sole proprietorships to corporations.
Privately Held Corporation
A company whose ownership is private, meaning its stock is not traded on public stock exchanges and is held by a limited group of shareholders.
New York Stock Exchange
A marketplace where securities, including stocks and bonds, are bought and sold.
Closely Held
A business owned by a limited number of shareholders with no public market for its shares.
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