Assertion: monopoly | /r/CapableOf | set prices
Facets:
value: with a strong market power
type: CAUSE
Source sentences:
text: With a strong market power, the monopoly is able to set prices for their output based on the demand and supply of the market.
text: : With a strong market power, the monopoly is able to set prices for their output based on the demand and supply of the market.
text: Being able to set prices, a monopoly thus creates surpluses and deadweight loss
text: A monopoly is a type of firm that wants to make its profits as big as possible, and as the market does not have any other large firms, the monopoly is able to set prices on their products or services.
text: Being able to set prices, a monopoly thus creates surpluses and deadweight loss
text: A monopoly is a type of firm that wants to make its profits as big as possible, and as the market does not have any other large firms, the monopoly is able to set prices on their products or services.