Assertion: monopolist's demand curve | /r/HasProperty | identical
Facets:
value: to the average revenue curve
type: OTHER
value: to the price line
type: OTHER
Source sentences:
text: The demand curve is identical to the average revenue curve and the price line.
text: The demand curve is identical to the average revenue curve and the price line.
text: Because the monopolist’s demand curve is identical to the market demand curve, the monopolist can sell an additional unit of output only by lowering the product’s price.