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.
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Aside from the student id, the student advantage discount card can be use by students to have discounts and can save money during college. The Student Advantage discount card offers discounts for retail,travel and entertainment with a membership fee annually.
The forth wall acts as a barrier between the fictional world and the real world. I would believe the answer to this is C, the characters speak directly to and interact with the audience.
B.They do not want to limit the right of individuals.
During the lunar<span> month, the </span>Moon<span> goes through all its </span>phases. You can see the phases<span> drawn in the image below. Just like the Earth, half of the </span>Moon<span> is lit by the Sun while the other half is in darkness. The </span>phases<span> we see result from the angle the </span>Moon<span> makes with the Sun as viewed from Earth.</span>