For a monopolist, if price is above average total cost, the monopolist is:
- Earning positive or economic profit
<h3>What is positive profit?</h3>
A positive profit is earned when the revenue being made surpasses what is normal on the competitive scale. The cost of production is covered and surpassed in this case.
So when the monopolist fixes his price above the total cost, he will earn a positive profit.
Learn more about positive profit here:
brainly.com/question/1305349
#SPJ1
Answer:
The third one and just incase u need to know dark colored surfaces absorb more light.
Answer:
Society is a zero of f in the reaction that produces 0.05 moles of the following is not a parasitic worm which can infect your life and your life in the reaction that produces the and is 10
Explanation:
plz share the proper question plz...