Monopoly Question - True or False?

Question

True or False: If a monopolist's average total cost curve is above the market demand curve for all levels of output, the monopolist will still make a profit.

True

False

I believe it's false...

Answer 1

False - for single price-monopolist

True - in some cases for price-discriminating monopolist.

Answer 2

False

Answer 3

It's False.