Question 37 7 pts 37.The demand curve for loanable funds slopes downward to the right because: 0 a. Firms borrow money only when interest rates are low. O b. An increase in the supply of loanable funds generally raises interest rates. 0 C. The lower the asset's rate of return, the higher the interest rate. 0 d. There are more projects that are protable at low than at high rates of interest. 0 e. Money is not as protable when it price is high. 33.The question below is based on the following cost and revenue schedule for the Presto Piano Company: Output Total Revenue ($3 Total Cost {$) 1 $1.000 $1.200 2 $2.000 $1.400 3 $3.000 $2.400 4 $4.000 $3.600 5 $5.000 $4.700 6 $6.000 $7.000 To maximize prots, the rm should produce between: C) a. 1 and 2 units per period. 0 b. 2 and 3 units per period. 0 c. 3 and 4 units per period. 0 d. 4 and 5 units per period. 0 e. 5 and 6 units per period. Question 31 7 pts 31.The equilibrium rate of interest is O 3. Equivalent to the prot rate. 0 b. Fixed bylaw in the United States. 0 5. Equal to the value of a bond or a stock. 0 d. The rate that ensures that households and businesses can borrow all the need. 0 e. Determined by the demand and supply of loanable funds