What are you trying to say
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:
brainly.com/question/1305349
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Answer: "checking account balances"
Explanation:
If you had the options:
bartering
minting
checking account balances
The option "checking account balances" is the answer to your problem. In simple terms, this is the "money you have in the bank."
<em>Learn more about your problem here: brainly.com/question/678565</em>