Question

does the monopoly firm necessarily make profit in the short run ?​

Answer 1

Answer:

In the short run, firms in competitive markets and monopolies could make supernormal profit. However, there is one major difference. ... Therefore, in the long-run in competitive markets, prices will fall and profits will fall. However in the long-run in monopoly prices and profits can remain high.

Answer 2

Profits. While a monopolist can maintain supernormal profits in the long run, it doesn't necessarily make profits. A monopolist can be a loss-making or revenue-maximizing too. This is not possible under perfect competition.

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