Assertion: single firm monopoly | /r/CapableOf | generate unworkable market performance
Facets:
value: above costs
type: OTHER
Source sentences:
text: While the first three of these attributes are easier to appraise than the others, certain generalizations are possible concerning the workability of different market structures: (1) Unregulated single-firm monopolies tend to generate unworkable market performance, mainly in the form of output restriction, prices well above costs, and consequent excess profits.