Assertion: monopolist's revenue | /r/HasProperty | low
Facets:
value: at low quantities of output
type: OTHER
value: relatively
type: DEGREE
value: for a monopolist
type: OTHER
value: very
type: DEGREE
Source sentences:
text: If the monopolist charges a very high price, then quantity demanded drops, and so total revenue is very low.
text: For a monopolist, total revenue is relatively low at low quantities of output, because not much is being sold.
text: Total revenue is also relatively low at very high quantities of output, because a very high quantity will sell only at a low price.
text: For a monopolist, total revenue is relatively low at low quantities of output, because it is not selling much.
text: Total revenue is also relatively low at very high quantities of output, because a very high quantity will sell only at a low price.
text: If the monopolist charges a very high price, then quantity demanded drops, and so total revenue is very low.
text: For a monopolist, total revenue is relatively low at low quantities of output, because not much is being sold.
text: Total revenue is also relatively low at very high quantities of output, because a very high quantity will sell only at a low price.