Business
Business, 05.11.2020 19:10, Vells2246

A monopolist can sell 10,000 units at a price of $5 per unit. Lowering price to all buyers by $1 raises the quantity demanded by 1,000 units. What is the change in total revenue resulting from this price change?

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A monopolist can sell 10,000 units at a price of $5 per unit. Lowering price to all buyers by $1 rai...

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