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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The people including including creditors/lenders that, could ask people to submit a credit report are D. All of the above
<h3>What are credit reports?</h3>
It should be noted that credit reports simply means a list of the bill payment history, current debt, loan, and other <em>financial</em> information that an individual has.
In this case, the people including including creditors/lenders that, could ask people to submit a credit report are employers, landlords, insurance companies, etc.
Therefore, the correct option is D.
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Complete question
Which of the below, including creditors/lenders, could ask people to submit a credit report?
Employers
Landlords
Insurance companies
All of the above
Answer:
All knowledge is learned through the senses, perceptions.
Some knowledge is learned by personal experience, personal perception, some knowledge can be learned by reading about the experiences of others.
There is no knowledge that is not learned by either (a) personal experience, perception, or (b) by learning from the experiences and perceptions of others.
Answer:
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