Assertion: monopoly's profit | /r/HasProperty | economic
Facets:
Source sentences:
text: The price in perfect competition is always lower than the price in the monopoly and any company will maximize its economic profit ( #pi# ) when Marginal Revenue(MR)
text: A monopoly might be inclined to divert a portion of its economic profit to government officials and political decision makers to achieve "favorable" legislation and regulation, such as restrictions on competition from foreign companies.