Obtaining national counselor certification through NBCC: 1  Shows the public and employers that you have met national standards for education, training and experience based on research completed by professional counselors working in the counseling profession.
Supplier consolidation has two basic interpretations. It refers to a reduction in suppliers in an industry due to mergers and acquisitions. It also is used to describe a retail strategy of using fewer suppliers to build strong partnering relationships.
When an exchange occurs, the agreed upon price is called the equilibrium price, or a market clearing price . In figure 3, both buyers and sellers are willing to exchange the quantity Q at the price P. At this point supply and demand are in balance or equilibrium. At any price below P, the quantity demanded is greater than the quantity supplied. In this situation consumers would be anxious to acquire product the producer is unwilling to supply resulting in a product shortage.