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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Answer:
quarter is like test and semester is like exam
Answer:
3 times
Explanation:
When the dough is folded, it increases by a constant factor. We can model the growth of the thickness using the exponential growth model

Where:
Initial thickness,
= 2mm
Growth factor, r =8%=0.08
We want to find the smallest number of times Soon Yi will have to roll and fold the dough so that the resulting dough is at least 2.5mm.
i.e When 

Therefore, the smallest number of times Soon Yi will have to roll and fold the dough so that the resulting dough is at least 2.5mm thick is 3.
Answer:
I think it is 45
n = number of rolls = 150
p = probability of rolling a “1” = 0.3
n*p = expected number of “1”s that show up out of the 150 rolls
n*p = 150*0.3
n*p = 45
Explanation:
hope this helps if not let me know