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Use the following to answer question: Use the following to answer question: -(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats.The marginal cost of producing a hat is $18.If the Saints increase the number of hats they sell from 4 to 5,the price effect is a(n) _____ in total revenue of _____. A) decrease;$20 B) increase;$20 C) decrease;$8 D) increase;$8
-(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats.The marginal cost of producing a hat is $18.If the Saints increase the number of hats they sell from 4 to 5,the price effect is a(n) _____ in total revenue of _____.


A) decrease;$20
B) increase;$20
C) decrease;$8
D) increase;$8

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