Assertion: monopolist's profit | /r/HasProperty | equal
Facets:
value: to total revenues minus total costs
type: OTHER
value: to kphn
type: OTHER
value: to the quantity of output
type: OTHER
value: to the extra profits
type: OTHER
value: by charging more
type: MANNER
Source sentences:
text: That is, the total profits a monopolist could earn if it sought to leverage its monopoly in one market by monopolizing a complementary market are equal to the extra profits it could earn anyway by charging more for the monopoly product itself.
text: Profits for the monopolist, like any firm, will be equal to total revenues minus total costs.
text: Profits for the monopolist, like any firm, will be equal to total revenues minus total costs.
text: Profits for the monopolist, like any firm, will be equal to total revenues minus total costs.
text: Profits for the monopolist, like any firm, will be equal to total revenues minus total costs.
text: Profits for the monopolist, like any firm, will be equal to total revenues minus total costs.
text: The economic profit is equal to the quantity of output multiplied by the difference between the average cost and the price.
text: The total super normal profit is equal to KPHN.