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Question: instructions aftfer reading the chapter on monopolies complete the following...

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Instructions Aftfer reading the chapter on Monopolies, complete the following probleme Total Marginal Quantity Demanded Price revenue revenue $325 $ 300 275 250 225 200 175. 150 125 100 75 50 25 10 12 13 14 (a) What do the data in the table indicate about the relationship between total revenue and marginal revenue? Explain. (b) What do the data in the table indicate about the elasticty of demand?

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