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:
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B Hit Hit Is One Of The Synonyms
Answer:
Archaeologist
Explanation:
They would be known as an archaeologist
Answer: Xylem carries water from the roots to the leaves.
Explanation:
The above option is a missing option to your question and the correct one.
The Xylem is a kind of vascular tissue that plants have which helps in the transportation of water. It gets water from the roots and transports it to the leaves. It also transports dissolved minerals in the water to those leaves as well.
Phloem tissue transports food from the leaves where it is made to the roots.
