Assertion: monopoly's cost | /r/HasProperty | low
Facets:
value: very
type: DEGREE
Source sentences:
text: Since marginal cost is the increment in total (economic cost) required to produce an additional unit of the product, the firm is thus able to earn positive economic profits if its fixed cost is low enough.
text: Natural monopolies often arise in industries where the marginal cost of adding an additional customer is very low, once the fixed costs of the overall system are in place.
text: Once the main water pipes are laid through a neighborhood, the marginal cost of providing water service to another home is fairly low.
text: Once electricity lines are installed through a neighborhood, the marginal cost of providing additional electrical service to one more home is very low.