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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G(-30)=2(-30)/3+3
g(-30)=(-60/3)+3
g(-30)=-20+3
g(-30)=-17
Catabolism is what happens when you digest food and the molecules break down in the body for use as energy. Large, complex molecules in the body are broken down into smaller, simple ones.
A because the school needs to find out what you plan on doing and what your good at.
