Assertion: monopolist's cost | /r/HasProperty | mr=mc
Facets:
Source sentences:
text: raising output as long as marginal revenue is greater than marginal cost (MR=MC)
text: To maximize profits, the monopolist will produce up to the point where marginal revenue equals marginal cost (MR = MC).
text: To maximize profit, an unregulated monopolist will produce where the marginal revenue equals the marginal cost (MR=MC) and the price is above that point on the demand curve.