Assertion: natural monopoly | /r/HasAspect | high fixed cost
Facets:
value: for a product
type: TRANSITIVE-OBJECT
value: very
type: DEGREE
value: typically
type: DEGREE
Source sentences:
text: A natural monopoly has a high fixed cost for a product that does not depend on output, but its marginal cost of producing one more good is roughly constant, and small.
text: A natural monopoly will typically have very high fixed costs meaning that it is impractical to have more than one firm producing the good.
text: A natural monopoly has a high fixed cost for a product that does not depend on output, but its marginal cost of producing one more good is roughly constant, and small.