If marginal revenue is zero then total revenue is maximized
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Which of the following lowers the current price of an nonrenewable natural resource?
A) an increase in the interest rate B) a decrease in the stock of the resource C) an increase in the marginal revenue product of the resource D) an increase in the price of a substitute resource
Economics
The per se rule was applied in the Alcoa case
a. True b. False Indicate whether the statement is true or false
Economics