Assertion: monopolist's price | /r/CapableOf | exceed marginal revenue
Facets:
Source sentences:
text: Price will exceed marginal revenue because the monopolist must lower price to boost sales and cannot price discriminate in most cases.
text: C. does not apply to pure monopoly because price exceeds marginal revenue.
text: Thus, the price the monopolist receives from selling N + 1 units exceeds the marginal revenue that it receives from supplying the additional unit of output.