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
Sorry but i really don't understand that question
Act i believe so i hope this helps
According to Ohm's law, Voltage divided by "Current" is equal to resistance.
R = V / I
Hope this helps!
He helped with the black people aswell anyways Rosa parks