nablo225 nablo225
  • 11-12-2019
  • Business
contestada

A monopolist will earn economic profits as long as his price exceeds. True or False

Respuesta :

ecadrobe
ecadrobe ecadrobe
  • 12-12-2019

Answer:

Answer is True

Explanation:

With an understanding of economic profit which is the difference between the revenue received from the sale of a finished product and the total input cost. A monopolist will always earn economic profit because he is the price regulator for the product and does not have a competitor.

Answer Link

Otras preguntas

When ∆RST is translated 4 units down, what are the apparent coordinates of T’? GIVE 15 POINTS
fred has a total of 62 dvd and cd. if the number of cd is three more than two times the number of dvd, how many cd does he have?
60 minutes is 20% of what number
Which of the following is a difference between a food chain and a food web? Selected: a. Food webs contain both plants and animals. Food chains only contain
80 PTS The type of cloud shown here may produce heavy rainfall. This type of cloud MOST LIKELY occurs in an area of the Sub-Saharan that is A) often dry.
A 32 year old immigrant from a patriarchal country is giving birth. As she is delivering the baby, she tearfully confesses to her doctor that this is her 4th ch
Which is the equation of a line perpendicular to the line with the equation 3x+4y=8
Solve for x. Answer:
Find the length of CU, the triangles are similar.
Describe what moves you could use to create the transformation of the original image shown at right