Assertion: monopoly | /r/CapableOf | maximise profit
Facets:
value: by being also a monopsonist
type: MANNER
value: by putting pressure
type: MANNER
Source sentences:
text: A monopoly maximises profits by producing where marginal revenue equals marginal costs.  
text: Both monopolies and perfectly competitive (PC) companies minimize cost and maximize profit.
text: By being also a monopsonist, a monopoly can increase its profits even further (i.e., as compared with being a competitive purchaser) by putting pressure on the companies that supply inputs for its product(s) to reduce their prices.
text: This means that it can meet consumer demand while maximizing its profits, but this is not likely.
text: A monopoly maximises profits by producing where marginal revenue equals marginal costs.
text: A monopoly maximises profits where MR=MC (at point m).