(Solution) - Assume that the monopolist s marginal cost is positive at all -(2025 Original AI-Free Solution)

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Assume that the monopolist's marginal cost is positive at all levels of output.
a) True or false: When the monopolist operates on the inelastic region of the market demand curve, it can always increase profit by producing less output.
b) True or false: When the monopolist operates on the elastic region of the market demand curve, it can always increase profit by producing more output.