When a perfectly competitive industry is taken over by a monopoly, some consumer surplus is transferred to the monopolist in the form of

If a firm wants to finance a new project, it can obtain financing by

A) using its retained earnings. B) issuing and selling new shares of stock. C) selling corporate bonds to the public. D) all of the above.

For a natural monopoly, the marginal cost of producing an additional unit of its product is relatively small

Indicate whether the statement is true or false