Matt has a monopoly producing glass baseball bats.His company is called Matt's Glass Bats.As a result of his monopoly position

A) he is guaranteed a profit.
B) he will shatter his competition.
C) his average total costs will be lower than the price he charges.
D) he is not guaranteed of profit,because monopoly power alone will not lead to business success.

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Faith Naylor · Accepted Answer

Final Answer : D, Explanation :  Monopoly power does not guarantee profit because a business must still manage its costs effectively and generate demand for its products. Even with no competition, a monopoly could still face challenges like high production costs, poor management, or insufficient demand that prevent it from being profitable.

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