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thenamehobbs thenamehobbs
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11 months ago

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



earning an economic profit.



taking an economic loss.



minimizing total fixed costs.



minimizing total variable costs.

Textbook 
Economics

Economics


Edition: 12th
Author:
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marcospolosmarcospolos
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11 months ago
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thenamehobbs Author
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11 months ago
Thanks
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Yesterday
This helped my grade so much Perfect
yen
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2 hours ago
Thanks
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