Assertion: monopolist's incentive | /r/CapableOf | reduce cost
Facets:
Source sentences:
text: Some monopolies, especially natural monopolies, are regulated by the government, but it is hard to keep a monopoly in business, achieve marginal-cost pricing, and give the monopolist an incentive to reduce costs.
text: The second problem is that it gives the monopoly no incentive to reduce costs.
text: Some monopolies, especially natural monopolies, are regulated by the government, but it is hard to keep a monopoly in business, achieve marginal-cost pricing, and give the monopolist an incentive to reduce costs.