(Table) Suppose a monopolist faces the demand schedule shown in the table. If the firm is currently selling 4 units per day and wants to sell 5 units per day, what is the effect on total revenue for this sale of one additional unit?
$\begin{array}{|c|c|}
\hline \begin{array}{c}
\text { Quantity } \
\text { Demanded }
\end{array} & \text { Price } \
\hline 1 & \$ 10 \
\hline 2 & \$ 8 \
\hline 3 & \$ 7 \
\hline 4 & \$ 5 \
\hline 5 & \$ 3 \
\hline 6 & \$ 2 \
\hline
\end{array}$
A) Total revenue falls by $5.
B) Total revenue rises by $20.
C) There is no effect on total revenue.
D) Total revenue falls by $15.

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The Answer of (Table) Suppose a monopolist faces the demand schedule shown in the table. If the firm is currently selling 4 units per day and wants to sell 5 units per day, what is the effect on total revenue for this sale of one additional unit?
$\begin{array}{|c|c|}
\hline \begin{array}{c}
\text { Quantity } \
\text { Demanded }
\end{array} & \text { Price } \
\hline 1 & \$ 10 \
\hline 2 & \$ 8 \
\hline 3 & \$ 7 \
\hline 4 & \$ 5 \
\hline 5 & \$ 3 \
\hline 6 & \$ 2 \
\hline
\end{array}$
A) Total revenue falls by $5.
B) Total revenue rises by $20.
C) There is no effect on total revenue.
D) Total revenue falls by $15.

(Table) Suppose a Monopolist Faces the Demand Schedule Shown in the Table