An example of equity is

a. a treasury bond.
b. a share of stock.
c. a treasury bill.
d. a long-term certificate of deposit.

An example of equity is a share of stock

in this scenario it would be the consumer demand as most influential in making the decision. the band members need to figure out where and from whom they will make the most money, in other words who out of the two consumer groups - football fans or car drivers - will spend their money, who is more likely to contribute to their cause and buy what they are offering.

the answer is:

c. economic output