A monopolist will only be able to make a profit if,at some output level,the average revenue exceeds the average cost.

Name: A monopolist will only be able to make a profit if,at some output level,the average revenue exceeds the average cost.
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Quizplus · Accepted Answer

This is because a monopolist has market power and can set the price higher than the marginal cost, leading to an AR>AC condition for profit maximization.

A Monopolist Will Only Be Able to Make a Profit