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Business, 20.03.2020 12:10 kitkatwolf

A monopolist can sell 26,000 units at a price of $30 per unit. Lowering price by $1 raises the quantity demanded by 1,000 units. What is the change in total revenue resulting from this price change? Group of answer choices $1,500 $3,000 $5,500

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A monopolist can sell 26,000 units at a price of $30 per unit. Lowering price by $1 raises the quant...
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