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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It is a safety procedure in industries that lock dangerous machines and ensure that there is no operation until maintenance or repairs have been made.
Merchandising. That is, if that is one of your answer choices. Chances are, they won't be selling the reef any time soon.
He helped with the black people aswell anyways Rosa parks
