Question: Refer to the demand schedule below: Price ( $ ) Quantity demanded 8 0 0 7 0 5 0 6 0 1 0 0 5

Refer to the demand schedule below:
Price ($) Quantity demanded
800
7050
60100
50150
40200
30250
20300
10350
0400
Price increases from $50 to $60.
Demand is , and total revenue .

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