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Homework answers / question archive / For a monopoly, what is the quantity effect? (a) The change in total revenue caused by old customers now paying the new price

For a monopoly, what is the quantity effect? (a) The change in total revenue caused by old customers now paying the new price

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For a monopoly, what is the quantity effect?

(a) The change in total revenue caused by old customers now paying the new price.

(b) The change in marginal revenue caused by old customers now paying the new price.

(c) The change in total revenue caused by the new customers now paying the old price.

(d) The change in marginal revenue caused by the new customers now paying the new price.

(e) The change in total revenue caused by the new customers now paying the new price.

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