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
#SPJ1
Answer:
BEFORE AN EARTHQUAKE
1. Do what your doing
2. finish what your doing
3.
4.
5.
DURING AN EARTHQUAKE
1. find somewhere that is safe
2. Don't fo near trees.
3. duck
4.cover
5.and hide
AFTER AN EARTHQUAKE
1. make sure everything is ok
2. evacuat
3.
4.
5.
Object at rest stays at rest object in motion stays in motion
Answer:
she should remind him of the rules for discussion and ask him to provide supporting information.
Lower pitch and longer wave