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Hi I need help on what is the answer to this problems? Below is the question and other concerns will be in the comment section

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Hi I need help on what is the answer to this problems? Below is the question and other concerns will be in the comment section. I hope you can help me and surely I will give you full positive feedback

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Explain the following briefly. 1. Is society would be unambiguously better-off without monopolists? Why? 2. Why does monopolist can maintain economic profits in the long run? 3. Compare real wage with the nominal wage. 4. Explain the theory of human capital and how it relates to labor earnings

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