A monopolist will not change its current behavior
A) even if total revenue does not cover variable costs.
B) unless it earns positive economic profits in the long run.
C) unless demand is greater than marginal revenue.
D) if it earns positive economic profits in the long run.

Question

Quizplus · Accepted Answer

A monopolist will continue its current behavior if it earns positive economic profits in the long run, as this indicates that its operations are profitable and sustainable.

A Monopolist Will Not Change Its Current Behavior