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The Following Figure Shows the Demand Curve Faced by a Monopolist

Question 130

Multiple Choice

The following figure shows the demand curve faced by a monopolist.
The following figure shows the demand curve faced by a monopolist. -Refer to the figure above.What is the price effect of a price increase from $3 to $5? A) $200 B) $400 C) $800 D) $1,000
-Refer to the figure above.What is the price effect of a price increase from $3 to $5?


A) $200
B) $400
C) $800
D) $1,000

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