Assertion: monopolist | /r/CapableOf | sell its output
Facets:
value: at 7 per unit
type: MANNER
value: at a higher price
type: MANNER
Source sentences:
text: The monopolist produces less and sells its output at a higher price than a perfectly competitive industry would.
text: they sell the output where MC equals MR while the social planner would choose where demand and marginal cost curves intersect
text: The monopolist sells its output at $7 per unit—the price on the market demand curve that corresponds to 3 units of output.