Assertion: monopolist | /r/CapableOf | charge any price
Facets:
value: for its product
type: OTHER
value: nonetheless
type: MANNER
value: substantially higher than
type: OTHER
value: in theory
type: OTHER
value: in order to discourage entry
type: PURPOSE
value: by an amount
type: OTHER
Source sentences:
text: While a monopolist can charge any price for its product, nonetheless the demand for the firm’s product constrains the price.
text: If a monopolist wants to maximize profits, he sets units produced to where marginal cost is equal to marginal revenue, and then charges the price that demand will pay for that many units (in a one price market).
text: A monopolist charges a price that exceeds MC, by an amount that depends inversely on the elasticity of demand.
text: The increase in revenue resulting from a marginal increase in quantity Monopoly a situation in which one firm produces all of the output in a market Single-priced Monopoly a monopolist that can only charge one price
text: While a monopolist can charge any price for its product, that price is nonetheless constrained by demand for the firm’s product.
text: While a monopolist can charge any price for its product, that price is nonetheless constrained by demand for the firm’s product.
text: While a monopolist can charge any price for its product, nonetheless the demand for the firm’s product constrains the price.
text: While a monopolist can charge any price for its product, that price is nonetheless constrained by demand for the firm’s product.
text: In theory, the monopolist can charge any price it wants, but practically, the monopolist can’t charge too high of a price or you won’t buy the good.
text: The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve.
text: The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve.
text: The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve.
text: The monopolist can charge the price that consumers will pay for that output level.
text: Where a monopolist charges a price below the short run profit maximising level in order to discourage entry
text: But if it is determined that a monopolist is charging prices substantially higher than, providing quality lower than, or being less innovative than would occur under competitive conditions or engaging in abusive practices, then there is good cause to take aggressive action.