In maximizing profits (or minimizing loss), a single-price monopolist will charge a price that is greater than the marginal cost.
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Who is a monopolist?</h3>
A monopolist is usually a term used to refer to a business entity that solely controls the market of a certain product or service without any competitor. In the case of a single-price monopolist, if they charge a price that is greater than marginal cost is the most viable option to maximize profit.
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The consequences of not applying for funding for your studies may be advantageous or disadvantageous as the case may be.
<h3>Consequences of not applying for funding for one's studies</h3>
A major disadvantage of one not applying for funding for one study is that; If one doesn’t apply for financial aid from the college or university one wishes to attend, then one must pay the full cost of attending that institution from one’s own resources. However, a major advantage of not applying for funding for your studies is that the individual doesn't have to repay student loans after school and hence, doesn't accumulate debt.
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Solution: You report it to your bank so they can either freeze your assets, if you have misplaced it or they cancel it completely while they send you a new one.
Term: Identity theft, theft, compromised account???
