When interest rates are lower, consumers and companies are able to borrow money more cheaply in order to make major purchases. As a result, the demand for goods in an economy will generally:

In the above figure, if the natural monopoly is regulated using a marginal cost pricing rule, then the firm will

A) produce 8 million units and make an economic profit of $24 million. B) produce 12 million units and make zero economic profit. C) produce 16 million units and incur an economic loss of $64 million. D) produce 16 million units and make zero economic profit.

The combination of two or more companies into a single firm:

a. start-up costs b. merger c. patent d. monopoly e. deregulation