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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10 images per day. Since it can receive 3 mb per second for 11 hours a day, that’s up to 118,800 megabits it can receive in one day. By multiplying the amount of gigabits in a typical picture (11.2) by the amount of megabits in a gigabit (1024) you get that there’s 11,468.8 megabits in each picture. Lastly, divide the number of megs that the station receives in one day by the amount of megs in a picture, and you get 10 and some change, therefore it can receive up to ten FULL pictures in a day
Italian and German imperial presence in Africa were similar as they were newly unified nations that began colonizing later than other European powers.
<h3>What countries did Italy Imperialize in Africa?</h3>
This was known to be the period from 1890-1941. In this period, Italian were said to have engaged in the colonialism of Africa countries i
Note that they colonized Libya, Ethiopia and others and Italian and German imperial presence in Africa were similar as they were newly unified nations that began colonizing later than other European powers.
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The above modules are called <u>glyph</u> and they can be interpreted to provide information about the identity of the subjects in an artwork.
<h3>What is a glyph?</h3>
A glyph can be defined as a pattern of small, square modules that are designed and developed by an artist to run across and below an artwork (image).
In this context, we can infer and logically deduce that the aforementioned modules are called <u>glyph</u> and they can be interpreted so as to provide information about the identity of the subjects in an artwork.
In conclusion, it is important to note that a glyph is a pattern of small, square modules that are drawn to run across the top and then down the left side of the Maya lintel, which graphically shows a Shield Jaguar and Lady Xoc.
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Answer:
Tax multiplier = 3
Explanation:
Given:
Current MPC = 0.75
Find:
Tax multiplier
Computation:
Tax multiplier = MPC / [1 - MPC]
Tax multiplier = 0.75 / [1 - 0.75]
Tax multiplier = 0.75 / 0.25
Tax multiplier = 3