If marginal revenue is zero then total revenue is maximized

Indicate whether the statement is true or false

True

Economics

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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