Assertion: oligopoly's profit | /r/HasProperty | maximized
Facets:
value: by setting its marginal revenue
type: MANNER
Source sentences:
text: In the above example, if both A and B could assume that each would cooperate with the other so that the combined profits of both would be maximized, A would use its strategy 1 and B would use its strategy 1.
text: Finally, the total profit is maximised because the total output is produced at the minimum cost.
text: Profit for the firm is maximized by setting its marginal revenue equal to marginal cost and determining it's quantity relative