If a monopoly situation arises from a perfectly competitive market, the portion of producer surplus that increases in a monopoly is transferred from the perfectly competitive market's

Funds held in ________ are subject to reserve requirements

A) all checkable deposits B) all checkable and time deposits C) all checkable, time, and money market fund deposits D) all time deposits

Larger firms will often have lower minimum per-unit costs than smaller firms because

a. employee shirking is less of a problem. b. large-scale output allows greater specialization for both labor and machines in the production process. c. mass production techniques, with high setup and development costs, are appropriate only when a small output is planned. d. all of the above are correct.