Assertion: monopolist's price | /r/HasProperty | lowered
Facets:
Source sentences:
text: Whereas a subsidy entices consumers to buy a product that would otherwise be too expensive for them in light of their marginal benefit (price is lowered to artificially increase demand), a tax dissuades consumers from a purchase (price is increased to artificially lower demand).
text: C. the elasticity coefficient will increase as price is lowered.