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A pure monopolist: always realizes an economic profit. will realize an economic profit if ATC exceeds MR at the profitmaximizing / loss - minimizing level
A pure monopolist:
always realizes an economic profit.
will realize an economic profit if ATC exceeds MR at the profitmaximizinglossminimizing level of output.
will realize an economic profit if price exceeds ATC at the profitmaximizinglossminimizing level of output.
will realize an economic loss if MC intersects the downsloping portion of MR
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