Which of the following is a reason why people and firms need external finance to implement their ideas? Question 23Answer a. Lacking funds, they can't develop blueprints, prototypes, secure space, pay employees, obtain permits, or face risks in launching a new product. b. They do not have a rich uncle or close friend who can help them finance their projects. c. They do not have the skills or knowledge necessary to implement their ideas on their own. d. They are not motivated to implement their ideas without outside help