Question: What can be said about whether a monopolist will operate at the minimum of her ATC curve? multiple choice Monopolists never produce at the minimum

What can be said about whether a monopolist will operate at the minimum of her ATC curve?

multiple choice

  • Monopolists never produce at the minimum of ATC
  • Monopolists only produce at the minimum of ATC in the long run
  • Monopolists can produce at the minimum of ATC if the profit-maximizing level of output happens to occur at this point.
  • Monopolists always produce at the minimum of ATC

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