Suppose kim owns the only restaurant in town that serves pizza. other restaurants serve hamburgers, tacos, and fried chicken. suppose that in the long run, kim's restaurant continues to be the only one in town selling pizza. if kim is earning economic profits, then, under the broad definition, is kim's restaurant a monopoly?

answer; that person may have a larger tax bill to pay on income taxes;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; complain or request hazard correction from your employer;

answer; strategic planning;