Savers in the financial system make decisions about how to save their money by following the basic principles of:

A natural monopoly, left to itself,

a. will take over other industries b. will produce the quantity that minimizes long-run average total cost c. will produce the quantity that minimizes marginal cost d. will produce an inefficient level of output e. will charge an inefficiently low price

Before the banking industry was deregulated, the interest rates that savings and loan institutions paid to depositors was fixed by the federal government

Indicate whether the statement is true or false