Question: for a monopoly, what is the quantity effect? change in total revenue caused by old customers now paying new prices change in marginal revenue caused

for a monopoly, what is the quantity effect?

  1. change in total revenue caused by old customers now paying new prices
  2. change in marginal revenue caused by old customers now paying new prices
  3. change in total revenue caused by new customers now paying old prices
  4. change in marginal revenue caused by new customers now paying new prices
  5. change in total revenue caused by new customers now paying new prices

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