On the above graph,if the oligopolist's MC curve shifts from MC₁ to MC₂,the firm will charge: A) a higher price and total revenue will increase. B) the same price and sell more output;total revenue will increase. C) the same price and sell the same amount of output;total revenue will remain the same. D) a higher price and sell less output;it can't be determined whether total revenue will increase.

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The Answer of On the above graph,if the oligopolist's MC curve shifts from MC₁ to MC₂,the firm will charge: A) a higher price and total revenue will increase. B) the same price and sell more output;total revenue will increase. C) the same price and sell the same amount of output;total revenue will remain the same. D) a higher price and sell less output;it can't be determined whether total revenue will increase.

On the Above Graph,if the Oligopolist's MC Curve Shifts from MC1

On the Above Graph,if the Oligopolist's MC Curve Shifts from MC₁