Numbers and Graphs: Monopoly (Ch 10) Use the purple rectangle (diamond symbols) to shade the area representing the revenue lost from selling fewer units of output. Then use the green rectangle (triangle symbols) to shade the area representing the revenue gained from selling each unit of output at a higher price. 100 90 Revenue Lost 70 Revenue Gained Xx- 60 50 40 30 Demand 20 10 40 00 100 120 140 160 100 200 20 QUANTITY (Unts) (Hint: Enter the negative sign, if necessary.) This monopolist's marginal revenue equals PRICE (Dolars)

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Numbers and Graphs: Monopoly (Ch 10)
Use the purple rectangle (diamond symbols) to shade the area representing the revenue lost from selling fewer unts of output. Then use the green
rectangle (triangle symbols) to shade the area representing the revenue gained from selling each unit of output at a higher price.
100
90
Revenue Lost
00
70
60
Revenue Gained
50
40
30
Demand
20
10
20
00
QUANTITY (Unts)
40
60
100 120
140 160
180 200
This monopolist's marginal revenue equals
(Hint: Enter the negative sign, if necessary.)
Transcribed Image Text:Numbers and Graphs: Monopoly (Ch 10) Use the purple rectangle (diamond symbols) to shade the area representing the revenue lost from selling fewer unts of output. Then use the green rectangle (triangle symbols) to shade the area representing the revenue gained from selling each unit of output at a higher price. 100 90 Revenue Lost 00 70 60 Revenue Gained 50 40 30 Demand 20 10 20 00 QUANTITY (Unts) 40 60 100 120 140 160 180 200 This monopolist's marginal revenue equals (Hint: Enter the negative sign, if necessary.)
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