Assertion: monopolist's incentive | /r/CapableOf | cut cost
Facets:
Source sentences:
text: Monopoly has less incentive to cut cost as it doesn't face competition.
text: Other economists want no regulation because they believe that even natural monopolies must face some competition (electric utilities must compete with home generation of wind power, for example, and industrial customers can sometimes produce their own power or buy it elsewhere), and they want the natural monopoly to have a strong incentive to cut costs.
text: It is argued that a monopoly has less incentive to cut costs because it doesn’t face competition from other firms.
text: It is argued that a monopoly has less incentive to cut costs because it doesn’t face competition from other firms.