Answer:
I think it is either A or D
The answer is: D - Both A and C.
Need help with the answer
My friend flunked 8th grade but yet continued onto high school. But note, your parents can say yes to holding you back if a teacher recommends so. But other than that, you probably won’t get held back. But you will get held back in high school if you don’t pass.
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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