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Lilit [14]
2 years ago
14

For a monopolist, if price is above average total cost, the monopolist is quizlet

SAT
1 answer:
Keith_Richards [23]2 years ago
4 0

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

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What are the coefficients needed to balance this chemical reaction to show that matter is conserved? fe + cl2 → fecl3
motikmotik

Let a, b, and c be the coefficients in the balanced reaction:

a Fe + b Cl₂   →   c FeCl₃

Count the atoms that show up among the reactants and products. They should be equal on both sides:

Fe : a = c

Cl : 2b = 3c

Let c = 2. Then a = 2 and 2b = 6, so b = 3.

Then the balanced reaction is

2 Fe + 3 Cl₂   →   2 FeCl₃

5 0
3 years ago
Which one of the following is the most widely used source of short-term funding that Mr. Boyd (and other small business owners)
ANEK [815]

The most widely used source of short-term funding that Mr. Boyd (and other small business owners) would use to operate their business is trade credit.

<h3>What is Trade Credit?</h3>

This refers to the purchase financing where a person is allowed to collect goods and pay for them at a later date.

Hence, we can see that short term fundings are used to help startups and other businesses to stay afloat and the type of funding used by Mr. Boyd is trade credit.

Read more about trade credit here:

brainly.com/question/18648957

#SPJ1

8 0
2 years ago
What are the terms in the exponential expression 5e^3x+1+2
natima [27]

Answer:

5e ³ x+1+2(solution) terms are 5e5e ³ x,1,1, 2.

Explanation:

A term is a single mathematical expression. It may be a single number (positive or negative), a single variable ( a letter ), several variables multiplied but never added or subtracted. Some terms contain variables with a number in front of them. The number in front of a term is called a coefficient. Does it make more sense?

5 0
2 years ago
Fgbnryjghbgareshrydtb
DerKrebs [107]

Answer:

ahsjsjksjxjssoabskss

3 0
3 years ago
About ​% of the population of a large country is. If two people are randomly​ selected, what is the probability both are ​? what
mezya [45]

Using the binomial distribution, it is found that there is a:

  • 0.0036 = 0.36% probability that both are allergic to pollen.
  • 0.1164 = 11.64% probability that at least one is allergic to pollen.

<h3>What is the binomial distribution formula?</h3>

The formula is:

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

C_{n,x} = \frac{n!}{x!(n-x)!}

The parameters are:

  • x is the number of successes.
  • n is the number of trials.
  • p is the probability of a success on a single trial.

Researching the problem on the internet, it is found that:

  • 6% of the population is allergic to pollen, hence p = 0.06.
  • Two people are chosen at random, hence n = 2.

The probability that both are allergic is P(X = 2), hence:

P(X = 2) = 0.06^2 = 0.0036.

0.0036 = 0.36% probability that both are allergic to pollen.

The probability of at least one is:

P(X >= 1) = 1 - P(X = 0) = 1 - 0.94^2 = 1 - 0.8836 = 0.1164.

0.1164 = 11.64% probability that at least one is allergic to pollen.

More can be learned about the binomial distribution at brainly.com/question/24863377

4 0
2 years ago
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