答案如下
If the average total cost curve is always above the demand curve of a monopolist, then the monopolist: A) will be generating positive economic profit. B) will go out of business unless the situation is temporary. C) must be producing at an efficient level of production. D) will be just breaking even.
Your answer: B was correct! If the average total cost curve is always above the demand curve of a monopolist, then the monopolist will be generating negative economic profit. This is a situation in which a monopolist should go out of business unless the situation is temporary.
|