Assertion: pure monopolist | /r/CapableOf | maximize profit
Facets:
value: by producing that output
type: MANNER
value: in the long run
type: MANNER
value: by producing at that point
type: MANNER
Source sentences:
text: The pure monopolist will maximize profit by producing at that point on the demand curve where elasticity is zero.
text: In the long run a pure monopolist will maximize profits by producing that output at which marginal cost is equal to: A. average total cost.
text: The pure monopolist maximizes profits by producing that output at which the differential between price and average cost is the greatest.