the national is divided into ___ Federal reserve districts each having a federal reserve bank

The firms in a collusive oligopoly ______.

a. encourage new firms to enter their industry b. reduce uncertainty by acting collectively c. act independently of each other d. are long-lived thanks to antitrust laws

Many public utilities are permitted to operate as monopolies because they enjoy economies of large-scale production.

Answer the following statement true (T) or false (F)