In the United States, commercial banks supply about ________% of total credit to nonfinancial businesses

Since producers must be compensated for the rising opportunity cost that accompanies increases in output,

a. the law of demand applies to most markets b. supply curves usually slope downward c. demand curves usually slope downward d. supply curves usually slope upward e. technical inefficiency would not exist in the long run

Oligopolies produce more when they collude then when they do not

a. True b. False Indicate whether the statement is true or false