![Draw a graph that shows a monopoly firm making economic profit in the short run. Be sure your diagram includes the monopolist's demand, marginal revenue, average total cost, and marginal cost curves. Draw a graph that shows a monopoly firm making economic profit in the short run. Be sure your diagram includes the monopolist's demand, marginal revenue, average total cost, and marginal cost curves.](https://homework.study.com/cimages/multimages/16/study4803531500348220091.jpg)
Draw a graph that shows a monopoly firm making economic profit in the short run. Be sure your diagram includes the monopolist's demand, marginal revenue, average total cost, and marginal cost curves.
Pure Monopoly: Demand, Revenue and Costs, Price Determination, Profit Maximization and Loss Minimization
![Using a well-illustrated diagram, show that a monopolist can make losses in the short-run even when MC = MR. | Homework.Study.com Using a well-illustrated diagram, show that a monopolist can make losses in the short-run even when MC = MR. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/capturedddd7654693568055800291.png)