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Make economic profits by profit-maximizing monopolist

A profit-maximizing monopolist will certainly be capable to generate economic profits when, at certain level of output: (w) average fixed costs [AFC] are very high. (x) average total costs [ATC] lies above the demand curve. (y) average total costs [ATC] lies below the demand curve. (z) average variable costs [AVC] are above the minimum of the marginal cost curve.

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