Beyond the point of efficient scale, marginal cost pulls the average total cost upward

The enjoyment or satisfaction people receive from consuming goods and services is called utility

Indicate whether the statement is true or false

In the figure above, the price of bonds would fall from P1 to P2 when

A) inflation is expected to increase in the future. B) interest rates are expected to fall in the future. C) the expected return on bonds relative to other assets is expected to increase in the future. D) the riskiness of bonds falls relative to other assets.