Economics, Monopolist?

If economic profits were zero, would a monopolist ever stay in business? Why might it be possible for a monopolist to earn positive economic profits in the long run?

Answer:
A monopolist could stay in business if *economic* profits were zero because economic profits are very different from accounting profits. Economic profits take into account opportunity cost, which is the potential profit lost by any activity or investment forgone to engage in the current production.

Sorry, but I've always been told that in the short run there can be economic profits, but in the long run profits are zero for the aforementioned reason. Maybe someone with advanced econometrics experience can answer the second part better.

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