Based on <u>the </u><u>norm</u><u> of </u><u>reciprocity</u>, you will feel obligated to do a favor for a coworker when he or she performs a large favor for you.
<h3>What is the norm of reciprocity?</h3>
The norm of reciprocity can be defined as a social convention requires that a person repay in kind a favor or assistance that was done to them, especially to the performer of such act.
Based on <u>the </u><u>norm</u><u> of </u><u>reciprocity</u>, we can infer and logically deduce that you will feel obligated to do a favor for a coworker when he or she performs a large favor for you.
Read more on norm of reciprocity here: brainly.com/question/6860006
#SPJ1
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
Ummmmmmm I’m not sure just quizlet it. Trust me it helps me A lot
