Assertion: monopolist's profit | /r/HasProperty | possible
Facets:
value: for both a pure monopoly
type: CAUSE
value: for a pure competitor
type: CAUSE
value: (area pabc)
type: LOCATION
Source sentences:
text: Given that price (AR) is above ATC at Q, supernormal profits are possible (area PABC).
text: Economic profit in the long run is: A. possible for both a pure monopoly and a pure competitor.