A monopolist, being the sole seller in a market, is assured of positive economic profits.

Name: A monopolist, being the sole seller in a market, is assured of positive economic profits.
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Quizplus · Accepted Answer

Being the sole seller does not guarantee positive economic profits due to potential high costs, demand elasticity, and regulatory constraints that can impact the monopolist's ability to generate profits.

A Monopolist, Being the Sole Seller in a Market, Is