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For a monopolist, if price is above average total cost, the monopolist is

thenamehobbs

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6 months ago

For a monopolist, if price is above average total cost, the monopolist is

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earning an economic profit.

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taking an economic loss.

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minimizing total fixed costs.

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minimizing total variable costs.

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Economics

Edition: 12^th

Author: Arnold

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marcospolos

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More solutions for this book are available here

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thenamehobbs Author

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Correct

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