Producer surplus equals
A) total revenue minus total variable cost.
B) total revenue minus the sum of all marginal cost.
C) profit plus fixed cost.
D) All of the above.
D
Economics
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A) lower; increase B) lower; decrease C) raise; increase D) raise; decrease
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In the Alcoa case, the Supreme Court abandoned the per se rule and established the rule of reason
a. True b. False Indicate whether the statement is true or false
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