Assertion: monopolist's cost | /r/HasProperty | total
Facets:
Source sentences:
text: 5.2(a) demonstrates that a monopolist earns pure profit since TR from the sale of OQ output (i.e., OPRQ) exceeds total cost (i.e., OTSQ).
text: A monopolist’s total cost and marginal cost curves are just like in perfect competition.
text: Monopolists analyze total cost and total revenue curves for a monopolist
text: Total revenue would be $150, his total cost would be $25 and his profit would be $125.00.
text: A pure monopolist should never produce in the: A. elastic segment of its demand curve because it can increase total revenue and reduce total cost by lowering price.