Assertion: monopolist's price | /r/HasProperty | above that point
Facets:
value: on the demand curve
type: LOCATION
Source sentences:
text: To maximize profit, an unregulated monopolist will produce where the marginal revenue equals the marginal cost (MR=MC) and the price is above that point on the demand curve.
text: The monopolist will maximize total revenue at a level of output where marginal revenue equals 0 and the price is above that point on the demand curve.