Assertion: monopolist's demand curve | /r/HasProperty | downward sloping
Facets:
value: in a market
type: LOCATION
value: for most goods
type: OTHER
Source sentences:
text: Since a monopolist faces a downward sloping demand curve, the only way it can sell more output is by reducing its price.
text: price in order to sell more of their products and because the demand curve is a downward slope.
text: (b) A monopolist perceives the demand curve that it faces to be the same as the market demand curve, which for most goods is downward-sloping.
text: In a market characterized by monopoly, the market demand curve is a. upward sloping.
text: When the demand curve is downward- sloping, the price (AR)
text: Since a monopolist faces a downward sloping demand curve, the only way it can sell more output is by reducing its price.
text: Since a monopolist faces a downward sloping demand curve, the only way it can sell more output is by reducing its price.
text: As we just saw, a monopolist usually faces a downward sloping demand curve (D) and a marginal revenue curve (MR) that lies below the demand curve.