State whether the following statement is true or false and explain why: Hotelling’s rule states that the dynamically eff

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answerhappygod
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State whether the following statement is true or false and explain why: Hotelling’s rule states that the dynamically eff

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State whether the following statement is true or false andexplain why:Hotelling’s rule states that the dynamically efficient allocationoccurs when the present value of the marginal net benefit for thelast unit produced is equal across time periods.
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