In order for a monopolist to earn a positive economic profit in short-run equilibrium, price must exceed average total cost.

Name: In order for a monopolist to earn a positive economic profit in short-run equilibrium, price must exceed average total cost.
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If the price equals the average total cost, the monopolist would only break even and would not earn a profit. Therefore, in order to earn a positive economic profit in the short-run, the price must be greater than the average total cost.

In Order for a Monopolist to Earn a Positive Economic