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

A grade has 81 girls and 72 boys. The grade is spilt into groups that have the same ratio of boys to girls as the whole grade. How many girls are in a group tha
solve using substitution, y=2x+5   y=6x+1
solve using elimination, 2x+5y=2   3x-5y=53
Describe how the Hawaiian Islands were formed and how they are evidence for mantle plumes.
3. The value of the expression 5.104 + 4.103 + 7.10 + 1 is equal to:
3. The value of the expression 5.104 + 4.103 + 7.10 + 1 is equal to:
solve using substitution, y=2x+5   y=6x+1
what is 7/5 as a decimal number
A grade has 81 girls and 72 boys. The grade is spilt into groups that have the same ratio of boys to girls as the whole grade. How many girls are in a group tha
X=5y.          y=10x+20 Help please