Assertion: monopolist's revenue | /r/HasProperty | the change
Facets:
value: in total revenue
type: OTHER
value: similarly
type: DEGREE
Source sentences:
text: The fourth column reports the monopolist's marginal revenue that is just the change in total revenue per 1 unit change of output.
text: It does this by ensuring the marginal cost (determined by the firm's technical limitations that form its cost structure) is the same as the marginal revenue (as determined by the impact a change in the price of the product will impact the quantity demanded) at the quantity it decides to sell.
text: The fourth column reports the monopolist's marginal revenue that is just the change in total revenue per 1 unit change of output.
text: The marginal revenue is solely determined by the demand for the product within the industry, and is the change in revenue that will occur by lowering the price just enough to ensure a single additional unit will be sold.
text: Remember that, similarly, marginal revenue is the change in total revenue from selling a small amount of additional output.
text: Remember that, similarly, marginal revenue is the change in total revenue from selling a small amount of additional output.
text: Remember that, similarly, marginal revenue is the change in total revenue from selling a small amount of additional output.
text: Remember that, similarly, marginal revenue is the change in total revenue from selling a small amount of additional output.
text: Marginal revenue the change in total revenue from an additional unit sold/change in Q
text: Remember that, similarly, marginal revenue is the change in total revenue from selling a small amount of additional output.
text: Remember that marginal revenue is the change in total revenue that occurs when one additional unit of a good is produced and sold.