China's economy was much more agricultural than Russia's, and observers believe this aided its economic transition

Oil and Natural Gas can each be used as a source of energy and are, for many purposes interchangeable. Which of the following best explains the increase in the price of natural gas that accompanied the increase in the price of oil during the 1990-1991 Persian Gulf War?

a. Increased oil prices raised demand for natural gas, a substitute good. b. Increased oil prices raised the quantity demanded of natural gas by movement along the natural gas demand curve. c. Increased oil prices reduced supply of natural gas, a substitute good. d. Increased oil prices reduced supply of natural gas, an alternate good. e. Increased oil prices raised supply of natural gas, a substitute good.

When the price of a good is constant, marginal revenue is the same as

a. total revenue b. average total cost c. price d. quantity of output e. profit per unit