A Profit-Maximizing Monopolist

question 53

Multiple Choice

A profit-maximizing monopolist

• A) is guaranteed to lose money because of a lack of competition.
• B) is not guaranteed to make a positive profit.
• C) is guaranteed to make a positive profit, hence the desire to be a monopolist.
• D) is guaranteed to make a non-negative profit, otherwise government would step in to assist.

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