Assertion: monopolist's revenue | /r/HasAspect | discontinuity
Facets:
value: as in the following figure
type: OTHER
Source sentences:
text: Thus its marginal revenue has a discontinuity, as in the following figure.
text: In the presence of the restriction, the firm's optimal output is y 0 (note that its profit at this output is positive), where the marginal revenue has a discontinuity: for smaller outputs MR exceeds MC, and for larger outputs