Assertion: monopolist | /r/CapableOf | fix the output
Facets:
value: for his product
type: TRANSITIVE-OBJECT
value: at any level
type: MANNER
Source sentences:
text: But it is said that no monopolist will ever fix the output for his product at any level where demand for his product is inelastic (i.e., ep < 1), it would be always possible on the part of a monopolist to increase his total revenue by restricting output (and thereby raising the price).