The addition to total output when one more unit of capital is added is called the marginal revenue product of capital

If a natural monopoly is regulated using

A) a marginal cost pricing rule, the firm maximizes its profit. B) an average cost pricing rule, the firm incurs an economic loss. C) a total cost pricing rule, the firm will exit the industry. D) a marginal cost pricing rule, the firm incurs an economic loss. E) an average cost pricing rule, the firm maximizes its profit.

A set of actions that a firm takes to achieve a goal, such as maximizing profits, is called

A) the Porter's Competitive Forces plan. B) game theory. C) a payoff matrix. D) a business strategy.