In the United States, loans from ________ are far ________ important for corporate finance than are securities markets

Your opportunity cost of attending a lecture on the number of brain cells lost by binge-watching episodes of Here Comes Honey Boo Boo is

A) zero, since you already know that binge-watching will kill all of your brain cells. B) the price of the ticket for the lecture. C) the value of attending a meditation class, which is your next-best alternative. D) the total value of all other options you could have chosen instead of going to the lecture.

In a perfectly competitive industry, the industry demand curve

A) must be horizontal. B) must be vertical. C) is upward sloping. D) is downward sloping.