Refer to the above figure. At a price of $2 per gallon, the quantity demanded of gasoline is

At the minimum efficient scale

A) all possible economies of scale have not been exhausted. B) marginal cost is at its minimum. C) the firm has achieved the lowest possible average cost of production. D) any increases in the scale of operation will encounter further economies of scale.

Which of the following statements is correct?

a. from the bank's point of view, loans to customers are assets of the bank b. from the bank's point of view, loans to customers are liabilities of the bank c. from the customer's point of view, loans to customers are assets of the customer d. from the customer's point of view, loans to customers are liabilities of the customer e. a and b only f. a and d only Indicate whether the statement is true or false