Assertion: monopolist's cost | /r/CapableOf | equal marginal revenue
Facets:
Source sentences:
text: The most profitable price that they can set is where the optimum output level (where marginal cost (MC) equals marginal revenue (MR) as seen on the diagram below) meets the demand curve.
text: The monopolist produces where marginal cost equals marginal revenue.
text: Hence marginal cost should equal marginal revenue.
text: The most profitable price for the monopoly occurs when output level ensures the marginal cost (MC) equals the marginal revenue (MR)) associated with the demand curve.