In maximizing profits (or minimizing loss), a single-price monopolist will charge a price that is greater than the marginal cost.
<h3>
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.
You can learn more about a monopolist here brainly.com/question/13113415
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Answer:
750
Explanation:
<em>I'm gonna make my best effort here... (it's been a long hecking time since SAT math last year :P)</em>
Set both equation equal:
5x = -15x + 3000
20x = 3000
x = 150
Plug into any equation because both are equal anyway:
y = 5x
y = 5(150)
y = 750
(a, b) --> (x, y)
The point is (150, 750) and b = 750
<span>-What equation can be used to solve this work problem?
t/30 + t/20 = 1
</span><span>-How many minutes will it take both hoses to fill the pool?
12 minutes</span>
Answer: A diagram that represents a process
Explanation:
18 and 25. explanation: 18 is the legal age and they were desperate for soldiers so the minimum age was as low as it could be. hope this helps!