In maximizing profits (or minimizing loss), a single-price monopolist will charge a price that is greater than the marginal cost.
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Who is a monopolist?</h3>
A monopolist is usually a term used to refer to a business entity that solely controls the market of a certain product or service without any competitor. In the case of a single-price monopolist, if they charge a price that is greater than marginal cost is the most viable option to maximize profit.
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Modern art includes artistic work produced during the period extending roughly from the 1860s to the 1970s, and denotes the styles and philosophy of the art produced during that era. The term is usually associated with art in which the traditions of the past have been thrown aside in a spirit of experimentation.
Heat and light energy gets transformed as energy for the plants to grow via the process of photosynthesis. The cows eat the grass, using the grass as an energy source to live and move around. Thus the grass, though indirectly, provides a means of kinetic energy that the cows use to move around and graze in the meadow.
Wells Fargo did the right thing because they investigated a fraud reported by customers, and enforced their ethics program by punishing violators caught defrauding customers.
<h3>What are ethics?</h3>
Ethics is a set of unwritten and written standards, principles, values or rules of moral conduct that're established to guide human behaviors, especially with respect to their relationship with others.
This ultimately implies that, Wells Fargo did the right thing because they had a code of ethics and investigated a fraud reported by customers, and enforced their ethics program by punishing violators caught defrauding customers.
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