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The Table Below Gives a Monopoly's Demand Schedule

Question 26

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The table below gives a monopoly's demand schedule.Complete the table by calculating the total revenue and the marginal revenue.
 Price  (dollars)  Quantity  (units)  Total revenue  (dollars)  Marginal revenue  (dollars) 61−−52−−43−−34−−25−−16−−\begin{array} { c c c c } \begin{array} { c } \text { Price } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Quantity } \\\text { (units) }\end{array} & \begin{array} { c } \text { Total revenue } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Marginal revenue } \\\text { (dollars) }\end{array} \\\hline 6 & 1 & - & - \\5 & 2 & - & - \\4 & 3 & - & - \\3 & 4 & - & - \\2 & 5 & - & - \\1 & 6 & - & - \\\hline\end{array}

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\[\begin{array} { c c c c }
\begin{arra...

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