Assertion: monopoly's cost | /r/HasProperty | equal
Facets:
value: to marginal revenue
type: OTHER
Source sentences:
text: Thus the monopoly firm will always set their quantity at the level where marginal cost is equal to marginal revenue.
text: Under monopoly, it is true that marginal cost is equal to marginal revenue.
text: Since marginal cost is equal to marginal revenue, marginal cost is also less than price.