Question

Monopolist will produce below its economic capacity level when it exhibits satisfaction with the normal profit only

Answer 1

That is true. No monopolies will produce more if they are already earning sufficient amount of profit. They will keep there production process going on and that will eventually create shortage over time. And that will automatically will increase the production level of any monopoly.

Answer 2

That is true. No monopolies will produce more if they are already earning sufficient amount of profit. They will keep there production process going on and that will eventually create shortage over time. And that will automatically will increase the production level of any monopoly.