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Can a monopolist incur losses? Explain.
 

Dear Student,

Answer of this question can be referred from the study material at the given path :

https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/non-competitive-markets/338_1985_5825

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In the long run a monopolistic firm will always make zero economic profits (or normal profits).?This is depicted in the figure below. The equilibrium is determined at point 'E' and the equilibrium price and equilibrium output at?OPe?and?Oqe, respectively. It should be noted that the equilibrium price is exactly equal to?LAC. Thus, the monopolistic firm earns zero economic profit.?
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